This week, several reports will show us whether or not inflation is getting hotter. Thursday’s Consumer Price Index (CPI) report will show us inflation at the consumer level – that is, how much more expensive goods and services are for...
In a sign that the U.S. housing market may strengthen in the coming months, an index of sales contracts on previously owned U.S. homes rose 5.3% in June from the prior month, the National Association of Realtors reported Thursday. The index, wh...
First, the Don’ts:· Don’t Focus on small details – If you have a compelling offer, don’t jeopardize it by focusing on items such as who keeps the drapes.
· Don’t Dismiss offers out of hand – read and consider all offers; sell...
The Real Estate Corner
Q. What should we know about buying homeowner’s insurance?
A. Getting homeowner’s insurance should be a fairly simple process. Your goal is to get enough coverage to rebuild your house and replace the contents i...
Q. We‘re getting our home ready for sale. Should we have a pest inspection now and it really necessary?
A. The state of California and most lenders require that the seller or buyer obtain a Wood-Destroying Pest Inspection Report and Lender...
Several reports that are scheduled for this week could determine whether Bonds and home loan rates can manage a bigger comeback than they did last week. Definitely stay tuned for the Department of Labor’s big Jobs Report scheduled for Friday,...
A bill passed by the House on Wednesday will assist up to 2 million borrowers in danger of foreclosure by allowing them to refinance their current mortgages with a Federal Housing Administration (FHA)-backed loan. The bill also allocates fundin...
