NAHB: Home Builder Confidence Rises in April

Home builder confidence increased in April to an index reading of 63, which was one point higher than for March and the highest reading in six months. Analysts said that April’s reading revealed more about housing market conditions in the past six months than it was an indicator of future market conditions. November’s builder confidence reading was the lowest since housing markets tanked in 2008, Builder confidence recovered over the past few months despite headwinds including higher materials costs and shortages of labor and buildable lots. Home Builder Confidence Holds Steady Despite Headwinds NAHB Housing Market Index readings over 50 indicate that most home builders are confident about housing market conditions. While April’s reading was comfortably above the benchmark, the average reading so far in...

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Staging Your Home: Here Are Your Self-Storage Options

If you’re staging your home to sell, you may find yourself with more stuff than space. Rather than selling possessions that you’d rather not part with, you can put your things into short-term storage until your home sells and you’re able to move. Here are some options you have when choosing and using a self storage unit. Climate Controlled Or Not Climate controlled units are located inside buildings. They could be compared to an apartment building, except instead of housing people, these storage buildings house belongings. Inside, they are powered with electricity and a temperature control that is temperate. The advantage of a climate controlled storage unit is that your possessions won’t get above average hot or below average cold. If you plan to store...

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8 Curb Appeal Tips for Selling Your Home Fast

From small touches such as new lighting to larger efforts such as tiling the porch or stoop, creating curb appeal is one of the best investments you can make to resell your home fast. Here are eight ideas to maximize curb your appeal. Landscaping Is Critical For The First Impression Cut Back Trees and Shrubs. Landscaping should enhance your house, not overwhelm it. Trimming can bring impressive results. If you don’t have a steady hand, leave it to a professional or handy relative. Manicure Your Lawn. A freshly mowed lawn is a must the week before a showing. Be sure to trim and edge it for a finished look that increases your curb appeal.  Plant Some Color. If the weather permits, flowering plants are a cheap way...

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What’s Ahead For Mortgage Rates This Week – April 14th, 2019

Last week’s economic readings included reports on inflation, mortgage rates, and first-time jobless claims. Monthly reporting on consumer sentiment was delayed. Consumer Price Index: Inflation Rises in March The Consumer Price Index rose 0.40 percent in March, which matched expectations and surpassed February’s month-to -month reading of 0.20 percent growth. The March reading showed the highest consumer price growth in 14 months; higher rents, fuel and food prices contributed to month-to-month price gains in March. The Core CPI excludes volatile food and energy sectors and was unchanged in March although 0.20 percent growth was expected. February’s reading showed 0.10 percent growth. Inflation increased 1.90 percent year over year. Mortgage Rates Rise Freddie Mac reported higher mortgage rates last week that stopped weeks of decreasing rates....

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4 Ways A Little Paint Can Revitalize Your Home

Fixing up your home to sell doesn’t have to be a budget-breaker. You can revitalize the look of your property with a little bit of paint in the right places. Here are some areas that will really stand out to prospective buyers. 1. Front Door The front door always makes the first impression on visitors to your home. Remember that while they are waiting to enter your home, potential buyers have nothing to do except get a good look at your front door. For maximum impact, paint the front door a contrasting color to your house color. If budget allows, add a new door knocker and door knob. 2. Shutters Vinyl shutters are very affordable when you buy them online. Before you hang them, use...

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