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Existing Home Sales Numbers Show Value Gains Across America

The National Association of REALTORS® released its Existing Home Sales report for March on Monday. Sales dipped from February's seasonally adjusted annual rate of 4.95 million to 4.92 million existing homes sold in March, a decrease of 0.6 percent month-to-month.  This reading was lower than Wall Street's consensus of 5.03 million existing homes sold, but there is also good news. Sales of existing homes are up by 10.3 percent as compared to March 2012. Economists note that existing home sales have performed within a narrow range of 4.90 to 4.96 million since November 2012. This illustrates the impact of lower…
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5 Important Questions To Ask Before You Invest In Solar Power For Your Home

If you've been considering taking your home in a green direction, April is the perfect month to make an environmentally friendly update. Installing a solar energy system may be a very smart way to help the environment. Plus, solar panels turn sunlight into energy that can save you money! The federal government and many states are now providing tax incentives and rebates for installing solar panels in 2013 which make this an excellent opportunity to go green this spring. However, there are many installers that might not have the necessary experience, so be sure to ask the questions below when…
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What’s Ahead For Mortgage Rates This Week – April 22, 2013

Mortgage rates fell for the third consecutive week. According to Freddie Mac, the average rate for a 30-year fixed rate mortgage fell by two basis points to 3.41 percent as compared to last week's 3.43 percent and 3.90 percent year-over-year. The average rate for a 15-year fixed rate mortgage was 2.64 percent as compared to last week's 2.65 percent and 3.13 percent year-over-year. Falling mortgage rates were attributed to reduced consumer spending. Last week's economic news includes the NAHB Wells Fargo Housing Market Index (HMI), with a reading of 42 for March. This is four points below investor expectations and…
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Four Ways To Ensure Your House Sells Quickly And For Top Dollar

Selling a house in the current market can be tricky, but there are certain mistakes an owner can make that will cause a Solana Beach home to sit still without a decent offer and cause the listing to go stale. In order to prevent that from happening, make sure you are not making one of the following mistakes when putting your property on the market. Overpricing While your home may hold sentimental value, many times that value does not translate into dollars. Be realistic about your asking price and know the details about your current market. Look at the list…
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