Home Price Movement Showing up for 2017
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Home Price Movement Showing up for 2017 Subdued home price growth estimates for 2017 are increasing as end-of-year data becomes available, indicating a slight showing of movement in the year ahead. CoreLogic, most recently, bumped up its price projection to 4.7 percent year-over-year based on November 2016 prices, which were 1.1 percent higher month-over-month and 7.1 percent higher year-over-year. The 4.7 percent projection is an increase from CoreLogic's 4.6 percent projection given in October. "Last summer's very low mortgage rates sparked demand, and with for-sale inventories low, the result has been a pick-up in home price growth," says Dr. Frank Nothaft, chief economist for CoreLogic.
Happy New Year 2017
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Happy New Year 2017 How about starting a new year in a new home? Here are a few homes in Fort Lauderdale for your consideration. Take this…
Home Prices on Track to Increase 5 Percent
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Home Prices on Track to Increase 5 Percent More forecasts for housing in 2017 are trickling in, most recently out of CoreLogic, which estimates home prices will increase 4.6 percent…
Best Wishes for a Wonderful Holiday
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Best Wishes for a Wonderful Holiday This is a great time to enjoy and share the good we all have regardless of whether it was a great year…
Mortgage Applications Plunge amid Higher Rates
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Mortgage Applications Plunge amid Higher Rates Mortgage applications plunged following a jump in mortgage rates, down a steep 9.4 percent, according to data gathered in the Mortgage Bankers Association (MBA)…
Guide to Choosing a New Neighborhood
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Guide to Choosing a New Neighborhood By Terri Engels Whether you are looking for a hip enclave of bars or a quiet suburban street filled with…
Financial Tips for First-Time Parents
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Financial Tips for First-Time Parents So a baby is on the way? Congratulations! But along with the chaos of, well, everything that is to come, your finances are soon to…
‘Relatively Soon’ Rise for Interest Rates
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‘Relatively Soon’ Rise for Interest Rates A rise in the key interest rate could come “relatively soon,” Federal Reserve Chair Janet Yellen reiterated on Thursday, heightening the probability the…
Mortgage Rates Tread above 3.5 Percent
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Mortgage Rates Tread above 3.5 Percent Mortgage rates have reached a four-month high, with the average 30-year fixed-rate mortgage (FRM) treading above 3.5 percent for the first time since…
The 10 Paint Colors Designers Use Most
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The 10 Paint Colors Designers Use Most With hundreds of paint colors to choose from, selecting the shades just right for your home can be daunting. Good Housekeeping magazine recently…