The annual pace of homes purchased in the US is slowly continuing to rebound – coming back from a September slump caused in part by rising interest rates. The boost in October – 25.4 percent higher than the previous month – is the largest month over month gain since 1980.
Bloomberg.com reports that the gains are due largely to better employment numbers and higher stock prices and that builders are optimistic as well, citing the need to fill the demand for housing created by a growing population.
Indianapolis, Indiana, anyone? According to a new the latest National Association of HomeBuilders/Wells Fargo Housing Opportunity Index, Indianapolis enjoys top spot in the Most Affordable list. And surprise, surprise, 4 of the 5 least affordable markets are in California. Here’s a link to the report on CNN Money with some good comments on each market.
Ever wonder what to say to your niece or daughter about good spending vs. bad spending? How about getting your son or nephew to think about the cost of things beyond money? Here’s an article from the RealSimple web site that might give you some ideas for having those discussions in a way that will stick.
It’s that time of year again, where everyone is looking forward to the big turkey feast and for some – there will be more than one. This is all well and fine, unless you are the one in charge of cooking it! Don’t fret though, seven of the reigning iron chefs from the Food Network have put together a Thanksgiving cheat sheet comprised of 50 tips for taking care of the bird, wowing your guests and preparing the side dishes. Happy Carving!
50 Best Thanksgiving Tips
You rarely notice your ceilings, but they have a big impact on every room. A ceiling treatment can be one of the best and most economical ways to give your room a face-lift. Click here to learn about ceiling medallions, pressed-tin panels, layered drywall, and more. And, as always with This Old House, they’ll tell you where to find everything you need to get the job done.
Realtor.com released an article last week that discusses the downward trend of fixed-rate mortgages, which are at their lowest levels since June. The low rates are attributed to the Federal Reserve’s decision to continue its bond-buying stimulus program. Applications for new loans are up. Read more.
The National Association of Realtors released data last week showing that home sales fell in September, but are still higher than last year. Despite rising interest rates, the overall market remains quite strong. According to the S&P/Case-Shiller index of 20 cities, home prices are up 12.8 percent compared to last year.
According to Adam Levin of Credit.com, our personal data is “the gateway to everything we own.” Therefore, it is more important than ever to protect the little computer you carry around every day. This post from ABCnews.com discusses 5 important, and rather easy, steps to make your phone and life more secure.
According to RealtyTrac’s 2013 Health & Wealth Special Report, the top cities in the nation for that special combination of maintaining good health and building real estate wealth are all in the western U.S. Read about it here, summarized by Yahoo Finance.