Homeowners, investors, lenders, and other financial professionals use return on investment (ROI) as the major barometer for whether or not a remodel is successful, but is there a more important factor? If you’re remodeling not just
to raise the monetary value of your home or get more money out of a sale, but also to get more enjoyment out of the place, there just may be.
The Unemployment Rate is released on the first business Friday of each month. And that rate has been holding rather steady. Initial jobless claim data, those that are filing for unemployment compensation, is released each Thursday.
The report released just this past Thursday showed that unemployment claims hit a 50-year low. These claims dropped by about 5,000 to 192,000. The previous week’s report showed these claims hit a 49 ½ year low.
There are a lot of reasons to consider going through with getting a home renovation, but there are other reasons why you should wait before acting on those projects. Home renovations are expensive and time-consuming, so you should
always be certain you want to follow through with them. In addition, you may discover that you're happy with the home the way it is instead of changing things. Whether you're a new homeowner or just thinking about starting a project,
here are some reasons why you might want to consider waiting.
Do you dream of a rambling ranch home? Perhaps the two-story place you grew up in is serving as inspiration for your home search. There are some homebuyers who insist they want a one-story home and those who wouldn’t dream of buying
something without stairs.
Freddie Mac's results of its Primary Mortgage Market Survey® shows that "despite the recent rise in mortgage rates, both existing and new home sales continue
to show strength – indicating the lagged effect of lower rates on housing demand. This, along with improved affordability, should push housing activity higher in the coming months."
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