Mortgage rates continued to climb this week, with the average rate on the benchmark 30-year fixed mortgage rising for the third consecutive week, to 3.86 percent according to Bankrate.com’s weekly national survey. The average 30-yearfixed mortgage has an average of 0.42 discount and origination points. But, let’s keep these numbers in perspective. These rates are […]
While vacationing on a secluded island for peace and relaxation would be a wonderful retreat, you can remove some of the hustle and bustle of your daily routine by creating peaceful escapes throughout your own home. The bathroom, for example, is the only place where you can shut the door and have complete “you time” […]
According to the U.S. Economic and Housing Market Outlook for August released recently from Freddie Mac, the so-called shadow inventory might not be as foreboding as many thought. This is largely attributed to the rate at which excess housing is being absorbed. Other highlights from the Outlook include: •The Freddie Mac House Price Index for […]
A recent analysis of government data by the National Association of Home Builders (NAHB) reveals that the geographic distribution of households headed by someone age 55 or older is fairly even across most of the country, with more than 30 percent of all households in every state meeting this description. The study sheds valuable light […]
It can be tempting to buy or sell a home on your own. More and more, consumers are gathering information from the internet and feel confident that they have all the information they need to get through the transaction. However, the vast majority of real estate consumers eventually come to realize the many benefits of […]
Whether you’re looking to set up anursery or update your Tween’s bedroom, painting is an easy and cost-effectiveway to create just the right atmosphere. Knowing where & how to start can getoverwhelming. Take your time and think of the following tips to help you choosethe best type and color of paint, while easing the stress. […]
In today’s fast-paced world, many families are looking for ways to slow down and spend some quality time together, just having fun. The good news is that, even in today’s questionable economy, it doesn’t have to cost a lot of money, and you don’t have to go very far to have a great time. Here […]
With so many great homes on the market and historically-low interest rates still intact, Buyers can find their dream home at record-breaking values. It takes a little homework and preparation to get that home at the best price possible. But, with help, Buyers’ dreams can come true. To help buy a home at the best […]
Nothing ruins a new outfit or clean carpet faster than a stain. But between eating on the fly, entertaining friends and taking care of the family, spills happen! “It’s no accident that July honors one of our most fun but also messiest foods,” Bob Kearn, president and CEO of COIT, said, noting that July is […]
There are many reasons to consider downsizing your living space. Maybe you just want less house to maintain and less “junk” to look after. Perhaps your nest is empty and you just don’t need all that space. Or you may be looking for a change of venue; moving to a more urban setting will likely […]
Many of you have your Summer vacations all lined up and are preparing to leave your home in the coming weeks. Summer vacations may be fun, but they can be costly if you fail to prepare your home and property adequately. Burglars see vacations as an opportunity to target empty homes, according to the Insurance […]
When considering bathroom renovation, whether you choose to do an extensive remodel or a smaller project, most kitchen and bath designers agree on these tips: Take size into account. A sleek, stylish glass shower enclosure helps your bathroom appear more spacious, and in most instances, a frameless shower enclosure will provide the cleanest, most open […]
A small kitchen can quickly become cluttered and feel cramped. According to Consumer Reports, a few small upgrades can make a big improvement. To maximize the space you have, rethink where you store things, especially if counter space is at a premium. Here are five additional ways to make every available inch count: Place your […]
Do-it-yourself home improvement can be a great way to add value to your home without having to pay builders or plumbers to do the work. But even the simplest of DIY jobs can quickly turn into an expensive mess when tackled incorrectly. Here’s a look at some of the most costly DIY mistakes to avoid […]
Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average mortgage rates easing amid worsening economic indicators. Both the 30-year fixed and the 5-year ARM registered new average record lows. The 30-year fixed-rate mortgage (FRM) averaged 3.66 percent with an average 0.7 point for the week ending June 21, 2012, […]
After an abnormally warm winter and spring, many homeowners have already begun sweating the inevitable increase in their electricity usage that arrives along with warm summer weather. In addition to the longer days and more frequent thunderstorms most regions experience every summer, the Farmer’s Almanac is predicting record high temperatures across the country in 2012. […]
Between spring cleaning and summer inspiration, it’s not uncommon to be bitten by the remodeling bug this time of year. And thanks to popular home improvement shows and the ever-growing “DIY” movement, you might be tempted to hit the hardware store and start hammering, painting, or grouting this weekend. But before you jump in with […]
The National Association of Home Builders (NAHB) wants current and future home owners to know about the many opportunities they have to show their support for the American dream of homeownership during National Homeownership Month in June. For anyone looking to buy their first home, or to move up to a space that is better […]
Living in a coastal state means living with hurricanes, and now that hurricane season is underway, it’s crucial that homeowners be prepared for storms that can strike on a moment’s notice. When a powerful storm is in the forecast, plan a trip to the grocery store and buy enough non-perishable food, water and supplies for […]
One of the first things I do before listing a home on the market is meet with the Sellers and tour their house with them. Throughout, we discuss areas that may need improvement or maintenance. Or, we go over those upgrades and redesigns that make their home a real standout. Updated kitchens & bathrooms remain […]
The Deloitte Consumer Spending Index (Index) posted another monthly increase in April as the pace of falling new home prices slowed. The Index tracks consumer cash flow as an indicator of future consumer spending. “The Index has been undergoing a mix of changes as housing, energy prices and unemployment tip back and forth each month,” […]
Welcome to Anne Koons’s Blog! This blog will provide you with valuable information, tips, and general insight into the real estate market in Cherry Hill. Visit my website at http://AnneKoons.featuredwebsite.com.