real estate

Why you should sell your home in 2019

Why you should sell your home in 2019

Few people are predicting that 2019 will be a record-breaking year for home prices.

But relatively speaking, 2019 might be the best time for you to put your house on the market. Especially if you’re on the fence about selling this year or next, Nick Ron, CEO of House Buyers of America, recommends going with the devil you know rather than the devil you don’t.

“I think it’ll be better than 2020 and 2021 – who knows what’s going to happen in those years,” Ron says.

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Why millennials are flocking to Rust Belt real estate

As real estate prices in major U.S. cities continue to soar, some young buyers and renters have decided to take their business elsewhere. They're investing in homes in such states as Ohio, Michigan and Wisconsin, experts say, in search of more affordable living and new places to plant down roots.

The part of the U.S. otherwise known as the Rust Belt has been synonymous with hard times for decades, ever since manufacturing bases like Detroit began to suffer the effects of de-industrialization. Plants closed down, jobs disappeared, and once-vibrant cities became symbols of decay.

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5 early retirees share their top money tips

A handful of ordinary people have managed to take the typical retirement age of 63 and cut it nearly in half.

While every early retiree's journey is unique, there is usually at least one common feature of their stories: Each person has the discipline to save a large chunk of their paycheck — often, more than half of it.

Of course, saving is just part of the journey to financial independence. The key to building wealth is to invest that cash and make your money work for you. Still, learning how to squirrel funds away is a crucial start.

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New Home Sales Pace in September Hits 10-Year High

Sales of newly built, single-family homes in September rose 18.9% to a seasonally adjusted annual rate of 667,000 units from an upwardly revised August reading, according to newly released data from HUD and the Census Bureau. This is the highest sales rate since October 2007. Year to date, new home sales are 8.6% above their level over the same period last year.

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Builder Confidence Posts Solid Gain in October

Builder confidence in the market for new single-family homes rose four points to 68 in October on the NAHB/Wells Fargo Housing Market Index (HMI). This was the highest reading since May.

“This month’s report shows that home builders are rebounding from the initial shock of the hurricanes,” said NAHB Chairman Granger MacDonald. “However, builders need to be mindful of long-term repercussions from the storms, such as intensified material price increases and labor shortages.”

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5 First-Time Building Mistakes to Avoid

Designing your own home can be exciting, but it's a lot more work than buying an existing house. With so many moving pieces involved, knowing what works and what doesn't is key. Protect your home's long-term value by sidestepping these five avoidable pitfalls of building a new home.

1. Forgetting About Storage Space
From seasonal items to extra bedding, everything requires a temporary home when not in use. For that, you'll need plenty of storage space. Some simple solutions might include a few extra closets, a sizeable garage space or built-in cabinets and shelving.

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New Home Sales Edge Higher in June

Sales of newly built, single-family homes in June inched up 0.8% to a seasonally adjusted annual rate of 610,000 units from a downwardly revised May reading, according to newly released data by HUD and the U.S. Census Bureau.

“Although we saw modest gains this month, new home sales have risen nearly 11% since the start of 2017,” said NAHB chairman Granger MacDonald. “Our members remain optimistic as the single-family housing market continues to recover.”

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The Next Hot Housing Market!

Starter Homes. Millennials are buying homes, steering builders toward lower price points. First-time buyers are rushing to buy homes after a decade on the sidelines, promising to kick a housing market already flush with luxury sales into higher gear.

Work with a someone you can trust. www.1stSecuritiesMortgage.com

By Laura Kusisto and Chris Kirkham Updated May 11, 2017 8:09 p.m. ET

 

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