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Case-Shiller: Home Price Growth Expands to All Metro Areas

March home prices were again dominated by the Northwest with Portland, Oregon posting a year-over-year gain of 12.30 percent followed by Seattle, Washington's year-over-year gain of 10.80 percent. Denver, Colorado rounded out the top three cities with a year-over-year gain of 10.00 percent. San Francisco, California, which consistently posted double-digit gains in recent months slipped to a year-over-year gain of 8.50 percent. This may indicate that prices in high cost metro areas are nearing their peak. S&P Dow Jones Chair David M Blitzer attributed outsized price gains to the shortest supply of available homes since the mid-1980s. Homes for sale…
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3 Ways to Add Emotional Cues to Make Buyers Feel at Home for a Quicker Sale

There are a lot of ways you can effectively stage your home to snag the attention of potential buyers, but there are often a few extra things you can do to really engage the senses of your guests. If you're hoping for an instant offer and are pulling out all the stops to sell your home, here are some ways you can emotionally engage with visitors to your home. Carefully Choose Your Color Scheme You probably already have a fairly distinct color palette in your home, from the couch you've purchased to the tone of your paint, but that doesn't…
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What’s Ahead For Mortgage Rates This Week – May 31, 2016

Last week's economic reports included new home sales, pending home sales along with weekly mortgage rates and new jobless claims. New Home Sales Surpass Expectations Sales of new homes surpassed expectations and the prior month's reading. April's reading of 619,000 sales exceeded expectations of 523,000 new homes sold and 531,000 new homes sold in March.  New home sales rose by 16.60 percent on a seasonally adjusted annual basis, which was the highest increase in 24 years.  Analysts said that April's new home sales indicate that builders are increasing production of new homes to meet high demand for homes. Short inventories…
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