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What’s Ahead For Mortgage Rates This Week – May 20, 2013

Last week was jam-packed with economic news; here are some highlights with emphasis on housing and mortgage related news: Monday: Retail sales for April increased to -0.1 percent from the March reading of -0.5 percent and also surpassed Wall Street's downward forecast of -0.6 percent. Retail sales are important to economic recovery as sales of goods and services represent approximately 70 percent of the U.S. economy. Tuesday: The National Federation of Independent Business (NFIB) released its Small Business Optimism Index for April with encouraging results. April's index rose by 2.6 points to 92.1. A reading of 90.7 indicates economic recovery. This…
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Benefits Of Owning A Green Home You May Not Have Considered

Going green is not just a new trend; it is a way of life that benefits not only the environment, but also your health — and your pocketbook. Green living cuts down on carbon emissions and creates a healthier environment both inside and outside of a home. While green structures sometimes cost more initially, the money (and environment) saved in the long run is well worth the investment. Health Benefits Owning a green Solana Beach home has significant health benefits. Many conventional buildings are not properly ventilated and indoor air quality is often more polluted than the air outside. Poor…
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Home Builder Future Sales Confidence Rises To New Highs

Home builders are gaining confidence in current and future market conditions for new homes, but continue to see below-average foot traffic in new homes. The reading for May's National Association of Home Builders (NAHB) /Wells Fargo Housing Market Index (HMI) increased by three points to a reading of 44 as compared to April's revised reading of 41. The HMI measures builder confidence in current sales conditions for newly built homes, buyer foot traffic in new homes and builder expectations for future sales conditions. Builder Confidence In Future New Home Sales Highest Since February 2007 The HMI reading for current sales…
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7 Tips To Make Your Living Room More Appealing To Home Buyers

Everyone knows that first impressions are important. By carefully staging your home, you can positively influence the feelings your potential buyers have when they are viewing the property. Staging is the art of decorating and arranging the spaces within your house to make it more appealing to buyers. If you can adapt the rooms to create an attractive and welcoming zone that home buyers can see themselves in, they will be more likely to buy your property. One of the most important rooms to stage is the living room, because it is such a central part of the house. This…
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