Home prices may be on the rise, but America still has quite a few affordable homes. First time home buyers will want to lay their hands on them, but there is just one problem. These homes are not on the market as yet and will not be for some time. Why? The current owners of these homes have negative equity …
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 …
When it comes to designing a home – whether it’s new construction or a renovation – choosing beautiful exterior colors and complementary accent hues is critical to creating an appealing household. “To select the right colors for your home, view siding colors as an exterior project tool that both turns a home into a showpiece and increases its value,” says Leslie Harrington, …
Do you want to place your house on the market this year? Indeed, this is a buyer’s market, and you do have an edge. What plans do you have with regards to pricing? Is higher than the market value what you are going to demand? That is what most sellers are doing right now which has created bidding wars on …
The housing season has begun, and most of the sellers are demanding prices higher than the market value. Is this a great idea? In a way, yes and in a way, no. Sellers may just be able to get the price they want in this manner, but most of the buyers might not be able to get a mortgage if …
Outdoor kitchens are one of the hottest trends for exterior home improvements in 2014, a survey by the American Society of Landscape Architects reveals. If you’re considering creating a backyard kitchen this year, you may be wondering how much of the work you can do yourself in order to get the most out of your budget. Fortunately, many aspects of the job …
Houston is one of the best places to live in America because of its booming job market. Above average salaries and countless opportunities are the two main things that are attracting so many people to this area. The economy has improved and will continue to do so in the time to come. Despite the positive outlook, Houston does have its …
Last month, industrial production increased at rates faster than predicted. This serves as the latest sign that economy is finally beginning to boom this year. What about the housing industry? Can the same be said for it as well? Not right now. The development of new homes has increased, but it has yet to meet market demand. Compared to the …
A recent report, published by the Consumer Financial Protection Bureau, summarizes the biggest challenges which borrowers face when they apply for mortgages. There are so many borrowers who until the end are not very certain about mortgages and still have their doubts. Come closing time, and all of them are confused and frustrated. The pressure is definitely on them because …
