U.S. homeowners gained a record-breaking $1.2 trillion in “tappable home equity,” a new high-water mark…
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home equity
- BusinessNews/Analysis
Higher Interest Rates Could Promote Remodeling Spending
by Kacey Larsenby QR StaffOriginally posted on the Joint Center for Housing Studies’ blog, Housing Perspectives: The recent hike…
The most recent LIRA from the Joint Center for Housing Studies sees increases in home and retail sales as indicators home improvement spending will increase
- Business Management
First Quarter Remodeling Activity Leads to Predictions of Deceleration, Then Steadying
by Kacey Larsenby QR StaffCAMBRIDGE, Mass.—The healthy gains in residential remodeling activity estimated for 2014 and the first part…
While 10.7 million residential homeowners nationwide owe at least 25 percent or more on their mortgages than their properties are worth, another 8.3 million homeowners are either slightly underwater or slightly above water.
- Building
Underwater Homeowners and Homeowners without Equity Affecting Home Sales
by Kacey Larsenby QR StaffZillow Negative Equity Report indicates a drop in the national negative equity rate for the first quarter of 2013.
When homeowners want to finance their remodeling project, they can use their savings, approach a lending institution on their own, or work with a remodeler to reach their goal. Remodelers offer their views on offering financing, the pros and cons, and whether to do it at all.
Home equity and mortgage rates may be factors for home owners considering upgrading.
Home improvement and remodeling spending is set to increase the remainder of 2012 and into 2013, based on low interest rates and improving housing market conditions, and predicted by Harvard
Growing confidence in the housing market has pushed home equity lines of credit to a three-year high