U.S. housing markets are gaining as demand for homes exceeds available supplies in many areas. The National Association of Home Builders/ Wells Fargo Housing Market Index (HMI) for June increased by eight points over May’s reading to achieve a positive reading of 52. This last happened in August-September of 2002, when HMI monthly readings also jumped by eight points.
RealtyTrac Foreclosure Report Shows 28% Decrease From May 2012
Foreclosure actions increased by 2.0 percent in May from April’s 75 month low point for foreclosure activity according to RealtyTrac’s U.S. Foreclosure Market Report released June 11.
However, the good news is that May 2013 foreclosure filings were still 28 percent below May 2012 filings.
What’s Ahead For Mortgage Rates This Week – June 17, 2013
Last week’s news was relatively quiet with no data significant to real estate and mortgage lending released until Wednesday, when the federal government announced a $138 billion budget deficit for May.
Make Your Home A Movie Star! How To Rent Out Your Property As A Film Location
Whenever a scene in a film or television show takes place in a private home, have you ever thought about who owns that property?
If you advertise your property in the right way, your home could have its 15 minutes of fame as the set for a film or a television show episode.
Why It’s Critically Important To Have A Home Inspection
Many home buyers have found the perfect house, signed on the dotted line and may think they’ve watched enough home improvement shows to know if the home they’re getting is in good shape. Unfortunately, some buyers make the mistake of skipping a home inspection in order to save a little cash.
Homeowners — Are You Making These Mistakes Planning Next Year’s Taxes?
Since we recently passed the filing date for 2012 taxes, it may be a good time to plan for next year and get your tax tracking systems in place.
Check carefully to make sure that you are not making any of these common homeowner tax mistakes â which could cost you money or get you in trouble with the IRS.
Increasing May Jobs Report Shows Strengthening Economy
The U.S. Department of Labor released its Non-Farm Payrolls and National Unemployment Rate reports Friday showing 175,000 jobs were added in May, which surpassed expectations of 164,000 new jobs and April’s reading of 149,000 jobs added. The jobs added in May were largely from the private sector.
What’s Ahead For Mortgage Rates This Week — June 10, 2013
Last week’s economic reports provided a mixed bag of results. Investors continue to watch the Fed’s mortgage backed security purchasing trends in order to determine forward mortgage pricing.
What Does The Future Hold For The Security System In Your Home?
Rather than a simple line of defense that keeps out burglars, it will be a completely integrated and custom designed automated system that responds intelligently to your needs.
Four Important Home Maintenance Tips Everyone Should Know
If you are able to practice preventative care on your home, then you will prolong the life of all of its systems and components. At least every six months or so, you should be performing an inspection of your property so that you can ensure that it is still functioning properly and safely.
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