Many in Houston are concerned the city and state are becoming unaffordable, but we’re pressing Texas Lawmakers to address rising insurance premiums. Why? With each rise in home insurance premiums, many people are antsy about the cost of living in a state known for being supremely affordable. Add the recent impacts of inflation on the cost of labor and materials …
Fox Business reported in a recent article that the Federal Reserves cut interest rates on Wednesday for the first time since the start of the financial recession more than a decade ago, hoping to preserve the 11-year economic expansion. During its two-day meeting, the Federal Open Market Committee voted to ease the benchmark federal funds rate by 25 basis points.
Lower oil and gasoline prices are adding fuel to America’s economy, according to a recent report by TD Economics. The economy is expected to grow by 3 percent in 2015. With faster growth, experts anticipate the unemployment rate falling to 5.5 percent by the end of the year. “The fall in energy prices could hardly have come at a better …
The amounts which are being spent on home construction reached their highest value to be ever recorded in the last five years in the month of April. This shows a rise in activity levels, indicating that the home building pace has somewhat improved. In the month of April, construction spending rose by around 0.2% and reached an amount of $953.5 …
Do you like games? Ever broken a rule? At times, the feeling can be exciting. But when it is the real estate market you are playing with, you had better not break the rules, at least not some of them. Obviously, home buying and home selling are not proper games, and so no one has devised any proper rules. However, …
A reputed company has prepared a report on the most influential factors that can have a significant effect on the real estate industry this year. According to the facts presented in the report, the market will probably not have many difficulties or go through extremely terrible times. However, there is a lot of uncertainty in the time to come that …
As we kick off the holiday season, it’s that time of year when people gather together and give thanks for all they have. While the hustle and bustle of the season may have you feeling frazzled—especially if your home is on the market—it’s important to take a step back and remember that there’s still plenty to be thankful for. First …
The fact that Congress raised the debt ceiling in the early days of the final quarter has left a negative impact on a number of aspects. Although, the number of housing sales may stay balanced, consumer confidence in the market is set to suffer. As a consequence, the path to recovery on which the housing market had been on up …
Buying a home is one of the most significant investments you make in your life, especially if it is the very first time you are buying a house. The real estate market has started to pick up again after the housing crash, and it is at an all time high. So is this a good time to buy a home? …
