Last week's economic news included the NAHB Housing Market Index, Commerce Department releases on housing starts and building permits issued. Weekly reports on mortgage rates and new jobless claims were also released. Shortages of available … [Continue reading]
Real Estate Investing: How to Find Great Deals on Undeveloped Lots with Big Potential
Purchasing a plot of land can be one of the best investments to make. A landowner has great (but not unlimited) freedom in how to develop their plot, and land never expires so its potential is essentially infinite. That said, buying undeveloped or … [Continue reading]
NAHB: Builder Sentiment Improves in August
According to the National Association of Home Builders, August home builder sentiment met analyst expectations and rose by two points to a reading of 60; July's reading was revised downward to 58. Two out of three components used in calculating the … [Continue reading]
3 Things You Must Do after Inheriting a Home
There can be a lot of excitement when it comes to the realization that you've inherited a home, but simply because it's an inheritance doesn't mean there aren't a few strings attached. Whether you're expecting to be gifted with a home in the future … [Continue reading]
Bi-weekly or Monthly Mortgage Payments – Which is better?
When you apply for a new mortgage, your lender may ask if you want to set up monthly payments or bi-weekly payments. At one time, monthly payments were common, but bi-weekly payments are increasing in popularity. This is because they break a large … [Continue reading]
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