More Buyers Sign Contracts In February
If you want to get a feel for how many home buyers there are currently active in the housing market, the National Association of Realtors' Pending Home Sales Index is a good place to start. It tracks the number of contracts to buy homes signed during the month and, because it measures contract signings and not closings, it's a good future indicator of where home sales will be a month or so down the road. In short, if there are a lot of pending sales, there will likely be a lo
Tech Entrepreneurs Moving to LA
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Homeowner Equity Continues To Increase
When you buy a house, you're not just purchasing a place to live. You're also making an investment in the real estate market. Which means, as your home's value grows, so does your equity. Equity, of course, refers to the amount a property is worth minus the amount still owed on the mortgage. Put simply, if your equity is growing, that's good news. Which is why new numbers from the Board of Governors of the Federal Reserve System are encouraging. That's because they show homeo
Nearly 60% Of Homeowners Plan Home Improvements
If you're a homeowner, you know the to-do list is never ending. And, if you're a buyer, you'll know soon enough. That's because, owning a home means maintaining a home. Proof of that can be seen in the fifth annual LightStream Home Improvement Survey. According to the results, 58 percent of surveyed homeowners say they're planning to spend money on home improvement projects in 2018. And the number who said they plan on spending $35,000 or more has doubled from last year. But
