About 19% of U.S. households say they expect to move over the next year—the highest reading for May in two years, according to the Survey of Consumer Expectations report, released from the Federal Reserve Bank of New York. The trend of more homeowners showing an openness to move has been on the rise ever since … Read More “What’s Convincing More Owners to Move?” »
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The benchmark 30-year fixed-rate mortgage fell this week to 4.04 percent from 4.06 percent, according to Bankrate’s weekly survey of large lenders. As rates move ever closer to 4 percent, homeowners wanting to snag a lower interest rate on their existing mortgage are jumping into high gear, driving refinance application activity to a three-year high. … Read More “Mortgage rates slip, as mortgage applications surge” »
A home purchase brings together so many things under one roof: dreams, shelter, status, maybe a passport to better schools and neighborhoods. And one more thing: It gives you a forced savings account. It does that by letting you build home equity, which is the difference between your home’s market value and what you owe on … Read More “6 Ways to Build Your Home Equity (and Savings) Faster” »
Beautiful Victorian style home in N. E. Turlock. Features include the wrap around front porch, turrets, and bay windows. The roof, siding, all windows, the flooring, the baths, the porch have been replaced with the top of the line product.
Sixty-five percent of households nationwide view buying a home in their ZIP code as a good financial investment, according to the Federal Reserve Bank of New York’s 2019 Survey of Consumer Housing Expectations. Nearly 72 percent of renters say they would prefer to own instead of rent—if they had the financial resources to do so, … Read More “Consumers Say Housing Is a Strong Financial Investment” »
When it comes to selling a house, appearances are everything. That’s why more and more homeowners hoping to impress buyers are investing in home staging. But between decluttering, styling, and making your house look its absolute best, this process can make you want to pull your hair out. To make this undertaking a little easier, we asked … Read More “The Best Home-Staging Advice I’ve Heard, Ever” »
Let’s say one morning you wake up and realize that you’re ready to buy a home. You’re tired of paying rent with nothing to show for it, and you figure that it’s time to get into a home of your own. But you have reservations. After all, if it’s your first time, you’ve got questions. … Read More “Ultimate Guide to Buying a Home” »
Every year, first-time home buyers venture into the market and make the same mistakes that their parents, siblings and friends made when they bought their first houses. But today’s novice buyers can stop the cycle. Here are 12 mistakes that first-time home buyers make — and what to do instead. 1. Not figuring out how much house … Read More “First-Time Home Buyer Mistakes and How to Avoid Them” »
Another well-established Turlock neighborhood will soon see five brand new homes built in the area, as a local developer is constructing his first-ever housing development in town. Turlock resident Craig Campbell has been building homes since he earned his contractor’s license in 1992, developing homes in Ceres and one home in Turlock. Most recently, Campbell … Read More “More homes on the way for Turlock” »
Despite a real estate slowdown gripping the nation, this year’s housing market is expected to be busier than realtor.com® economists originally predicted late last year. That means more home sales—and higher prices—are on the way. The anticipated uptick in activity is due to lower mortgage rates, which make homes more affordable for buyers. The economic team expected … Read More “Housing Market Is Likely to Be Stronger Than We Thought” »