Housing starts made a big jump in June, reports the Department of Housing and Urban Development, reflecting increasing consumer interest in residential real estate in a time of record-low interest rates. The recently-released HUD statistics covered the month of June. Nationwide, starts were up a hefty 14.6% from May. In the Midwest, the numbers were even better, [...]
Warren Buffett Bets on Housing Rebound
Famed investor Warren Buffett is betting on housing… literally. Perhaps replaying a scene from a classic movie, the Berkshire Hathaway CEO has made a Trading-Places-esque $1 bet with former Office of Management and Budget director Peter Orszag that unemployment will fall below 8 percent before the next presidential election due to a strong housing rebound that will breathe [...]
The 10-Year Hybrid ARM Makes Sense!
Question: Do you want to buy a house? Did you answer, YES? Then, ask yourself these questions: Has your job required a transfer in the past 10 years? Are you buying a starter home? Are you single, but planning to someday get married and have children? Do you plan to retire in the next 10 [...]
April Home Prices Are UP!
Home prices and sales rose in April, and that’s good news for home owners and home sellers. The National Association of Realtors said yesterday that the nation’s sales of previously owned homes rose a surprising 7.6 percent last month. This is the best showing in five months and far better than what economists had predicted. The Midwest did even better [...]
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Details – Part II
- Bathroom Redo Ideas
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The Chain O’ Lakes Unchained
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Mornings at Newport Cove
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The Great American Lotus
