An open house is an opportunity for sellers to showcase their property to a potentially large number of interested buyers, and a great way to generate buzz. While you want to be as open and honest about the property as possible, you also want to make a good impression - and that means there are some things that you don't want to say during an open house. Here are five things that you should definitely keep to yourself during your next open house. This Is Where The Dog Did His Business There is a good chance that the new owner of a home is going to do something about stained carpet or … [Read more...]
What’s Ahead For Mortgage Rates This Week – March 27, 2023
Last week’s financial and economic reporting included readings on sales of new and previously-owned homes, along with weekly data on mortgage rates and jobless claims. Single-Family Home Sales Rise in February Year-over-year sales of previously owned homes rose 14.5 percent to a seasonally-adjusted pace of 4.58 million sales. Analysts expected 4.20 million sales of pre-owned homes as compared to January’s year-over-year reading of 4.0 million sales. February’s increased sales halted 12 months of falling sales of previously-owned homes. February’s reading marked the … [Read more...]
What’s Ahead For Mortgage Rates This Week – July 5, 2021
Last week’s economic reports included readings from S&P Case-Shiller Home Price Indices and data on pending home sales. Readings on job growth and und unemployment were also released along with weekly reports on mortgage rates and jobless claims. S&P Case-Shiller: April Home Price Gains Reach Record Highs Craig Lazzara, managing director and global head of investment strategy for S&P Dow Jones Indices, said that April’s year-over-year national home price growth rate of 14.60 percent was “ truly extraordinary.” All cities included in the 20-City Home Price … [Read more...]
What’s Ahead For Mortgage Rates This Week – June 28, 2021
Last week’s economic reports included readings on sales of new and previously-owned homes. Weekly readings on mortgage rates and jobless claims were also released. New Home Sales Fall in May New home sales dropped to their lowest reading in a year in May with 769,000 new single-family homes sold on a seasonally adjusted annual basis. May’s reading was 5.90 percent lower than April’s reading of 817,000 sales but was 9.20 percent higher year-over-year. May’s decline in new home sales was caused by a 14.50 percent decrease in sales in the South; Sales … [Read more...]
Juggling Priorities: How to Manage Buying a New Home and Selling Your Old One at the Same Time
Are you a homeowner who is thinking about selling their current home and making an upgrade to a newer, larger home? If you're facing the prospect of having to manage a home purchase and a home sale at the same time you'll find that there are numerous priorities that are begging for your attention. In today's blog post we'll share a few tips for how to manage a buying and selling transaction simultaneously without being overwhelmed by them. Start By Getting Your Finances In Order Before you start the hunt for a new home you'll want to ensure that your finances are in order and that you're … [Read more...]
