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Tag Archives: economy
New Home Sales Surge in December
New single-family home sales in December rose to their highest level in eight months and prices were the highest since April 2008, raising cautious optimism for a housing market recovery. The Commerce Department said sales jumped 17.5 percent to a … Continue reading
Posted in Real Estate News
Tagged economy, home sales, housing, market, National Association of Realtors, real estate, Reuters
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Cities Where it’s Cheaper to Buy Than Rent
It’s cheaper to buy a home rather than rent one in 72 percent of the 50 largest U.S. cities, according to Trulia’s rent vs. buy index, which compares the total cost of home ownership to the cost of renting. “Since … Continue reading
10 Hidden costs of owning AND renting a home
Everyone thinks that the costs of renting are limited to, well, rent! On the other hand, there is a laundry list of expenses we all know go along with owning a home. But many people aren’t aware of the hidden, … Continue reading
What’s Happening to Mortgage Rates?
NEW YORK (CNNMoney.com) — The era of near 4% mortgage rates has ended after a quick rate rise since early November. But some industry experts think that may be a good thing for the flagging housing market. The average 30-year … Continue reading