National Home Prices Climb, Monthly Sales Increase
For the twenty-eighth consecutive month, home prices have increased year-over-year. June's median existing-home price reached $223,300, a climb of 4.3 percent from a year ago. The Midwest and the South saw price increases of 4.6 percent and 3.4 percent, respectively. Buyers in the West saw even greater price increases, as median prices rose 7.2 percent above June 2013. Only the Northeast reported a slight drop in median price of 0.1 percent... Read More
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Checklist for Submitting an Offer
to Buy a House
Finding the house of your dreams is only the first step towards becoming a homeowner. Once you've located the perfect home, you need to make an offer to buy it. This is not as simple as telling the agent how much you're willing to pay. Your offer, once accepted, becomes the legal sale and purchase agreement. As your offer is the prototype for the contract, it needs to spell out in writing all the terms of the deal, such as whether the offer is... Read More |
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5 Maintenance Tips for Your Roof
During the heat of summer, your roof may be the last thing on your mind. Performing summertime maintenance is the most effective way to ensure that it is fully prepared for the seasons to come. These five tips can help you keep your roof in great shape.
1. Gutters and Downspouts
Your roof is supposed to keep water out of your home, but poorly maintained gutters and downspouts can cause water to collect and ultimately... Read More
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4 Changes to FHA Loans
In layman's terms, an FHA loan is insured (or backed) by the Department of Housing and Urban Development (HUD). This government subsidy has been around since the housing market found itself in a bit of a pickle over 50 years ago. The idea was that the government could provide a little added insurance to lenders against default, by padding loans with a little extra insurance that lenders could hold in escrow and agree to make up the difference in the event of a loss, in favor of the lender. The government felt like this program would make lenders more willing to lend to a larger variety of buyers, make home ownership abound and revitalize a weak economy in a single sweep.
Since the inception of this program, FHA loans have been wildly... Read More
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Small Painting Projects that Can Be Completed in a Day
Hot weather doesn't have to stop you from doing something cool with your home exterior. Some small-scale painting projects can easily be completed early in the morning or late in the afternoon—times of the day when you won't wilt in the sun.
Sweat Equity
Spending just a few hours repainting the front door is a prime example, says Debbie Zimmer, paint and color expert for the Paint Quality Institute. "By switching to a completely different door color, you may be able to give your home an entirely new appearance," she says. "It's a great way to get a big return... Read More |
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Nadine Caldwell - (386) 453-7909 |
Caldwell Real Estate News - September 2014 |
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