Thursday, December 5, 2013

December 2013 newsletter

3 National Housing Market Trends

After hitting post-recession highs, existing-home sales declined in September. According to the National Association of Realtors, total existing-home sales were down 1.9 percent from August to September. Yet for the past 27 months, sales have stayed above year-ago levels, and September proved to be no exception; sales are still 10.7 percent above the pace set at the same time last year. The Northeast saw a sales decline of 2.8 percent but managed to surpass last year's... Read More

Remodeling Market Index Highest
Since 2004

More homeowners are upgrading their homes' windows and installing their dream kitchens. For the second quarter in a row, the Remodeling Market Index has climbed. According to the National Association of Home Builders, the RMI has risen by a modest two points to 57. This is the highest the index has reached since the first quarter of 2004. The index measures the optimism of remodelers in regards to the current and future state of the remodeling market. A reading above 50... Read More

Remodeling Projects That Give a Good Return on Investment

Are you considering selling your home now or in the near future? Choose remodeling projects that will give you a good return on your investment. Remember to stick with colors and finishes that are crowd pleasers, rather than looks that are more polarizing.

Install new exterior doors.
A new exterior door provides great curb appeal that potential buyers will appreciate. Safety-minded buyers will appreciate a steel safety door on the front and back of the house, which resists forced entry much better than traditional doors... Read More