02
May
By Adrian Willanger
Home Building Tips, ,

Understanding the Risks of Buying a Home with Foundation Issues

Buying a home is often one of life's biggest milestones, marking the start of a new chapter filled with dreams and possibilities. However, beneath the surface of this excitement lies a crucial decision-making process, especially when it comes to the structural integrity of the property. Foundation issues can be daunting, but with the right knowledge and approach, they need not be a deal-breaker. This article with help you understand the risks associated with buying a home with foundation issues, while also exploring the positive aspects of this journey. Recognizing the Red Flags Before diving into the positive side, it's essential…
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21
Jan
By Jim Hasek
Home Building Tips, ,

How Can Parents Help Their Children Buy A Home?

One of the most common dreams is homeownership; however, the cost of buying a house is rising quickly, and many children cannot afford to buy a house even after they finish school. They might be encumbered with student loans, and they could have a difficult time finding a job. Fortunately, there are ways parents can help their adult children buy a home. Help Children Build A Healthy Credit History As Early As Possible One of the biggest factors involved in an application for a home loan is the credit score. One reason why children have a difficult time qualifying for…
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30
Aug
By Jim Hasek
Home Building Tips

Case-Shiller Home Price Index: National Home Prices Reach Pre-Recession Level

According to the Case-Shiller National Home Price Index for June, Seattle, Washington continued to lead home price growth for the tenth consecutive month with a June reading of 13.40 percent growth year-over-year. Portland Oregon held second place for home price growth in the 20-City Home Price Index in June but trailed Seattle by 5.20 percent with 8.20 percent year-over-year home price growth. Dallas Texas held third place with a year-over-year home price growth rate of 7.70 percent. The 20-City Home Price Index increased by 5.70 percent year-over-year and was unchanged from May's reading. Case-Shiller's National Home Price Index reported a…
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28
Jun
By Jim Hasek
Home Building Tips

Case-Shiller: Home Price Growth Slows in April

Case-Shiller's National Home Price Index indicated slower home price growth in April. Year-over-year, home prices rose 5.50 percent in April as compared to 5.60 percent in March. Year-over-year readings are calculated on a seasonally-adjusted annual basis. Case-Shiller's 20 City Home Price Index was also lower with a seasonally-adjusted year-over-year reading of 5.70 percent gain in April as compared to the year-over-year March reading of 5.90 percent. Seattle, Washington held on to its lead for home price growth with a year-over-year reading of 12.90 percent; Portland Oregon followed with a year-over-year reading of 9.30 percent, and Dallas, Texas maintained third place…
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16
Mar
By Jim Hasek
Home Building Tips

NAHB: Home Builder Confidence Highest in 12 Years

According to the National Association of Home Builders Housing Market Index for March, builder confidence in market conditions reached its highest level in 12 years and was six points higher than February's index reading of 65. Housing market index readings are based on three components. Builder confidence in current market conditions for new single family homes rose seven points to 78; builder confidence in market conditions for the next six months increased five points to an index reading of 78. Most surprising was the reading for buyer traffic in new housing developments, which eight points to 54 in March. Buyer…
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18
Aug
By Jim Hasek
Home Building Tips

NAHB: Builder Sentiment Improves in August

According to the National Association of Home Builders, August home builder sentiment met analyst expectations and rose by two points to a reading of 60; July's reading was revised downward to 58. Two out of three components used in calculating the Home Builder Index were higher. Builder sentiment concerning current housing conditions rose two points to 65. Builders were also more confident about housing market conditions within the next six months; August's reading was one point higher at 56. Builders were less confident about buyer traffic in new housing developments. August's reading slipped one point to 44. Any reading above…
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