by MyInvestment | Mar 28, 2018 | Real Estate News
For the first time this year, mortgage rates dropped, but not enough to spur refinances — which took a sharp dive. Total mortgage application volume fell 1.1 percent last week from the previous week, according to the Mortgage Bankers Association. Refinances were...
by MyInvestment | Mar 27, 2018 | Property Selling
A critical shortage of listings is the No. 1 obstacle, not rising mortgage rates or new tax laws that reduce certain homeowner deductions, especially in higher price ranges. Nationally, sales of homes priced above $750,000 were up nearly 19 percent from a year ago....
by MyInvestment | Mar 26, 2018 | Rental Properties
The median rent in the United State rose 2.8 percent over the past year to $1,445, the fastest pace of appreciation since May 2016, according to Zillow. Potential buyers are having an increasingly difficult time finding a home they can afford, so they are renting...
by MyInvestment | Mar 24, 2018 | Real Estate News
While the FAANG stocks have gotten a lot of attention over the past few years, one of the most reliable growth stories on Wall Street was actually a big box retailer: Home Depot. Since 2008, shares of Home Depot Inc. HD, -0.08% has surged almost 600% compared with...
by MyInvestment | Mar 23, 2018 | Home Remodeling
This year, the renovation offering the best return is a new garage door, according to a report from Remodeling Magazine. Second is manufactured stone veneer, returning 97 percent of its initial cost for resale. Front door replacement, especially steel, rounds out the...