by The Mark Klein Team | Feb 13, 2020 | Real Estate
Buying a new home is a big step for individuals and families. This is a time for celebration as the new furniture gets moved in, everyone gets adjusted, and the honeymoon phase starts with the new home. On the other hand, buying a home also means that all of the...
by The Mark Klein Team | Feb 12, 2020 | Real Estate
New housing construction starts reached a record high in December 2019 going up 16.9%. This represents a seasonally-adjusted annual rate of 1.608 million homes last December, which beat the record set in December 2006, 13 years ago, according to CNBC. This was...
by The Mark Klein Team | Feb 10, 2020 | Financial Reports
Last week’s economic news included readings on construction spending and public and private-sector job growth. Weekly readings on mortgage rates and first-time jobless claims were also released. Construction Spending Dips in December Overall spending on public...
by The Mark Klein Team | Feb 4, 2020 | Mortgage
It can be hard to convince a lender that a young person is ready to buy a house. There may not be a long credit history, a lack of assets might make it hard to fund a down payment, and the buyer’s age can cause banks to hesitate. One of the ways for parents to...
by The Mark Klein Team | Feb 3, 2020 | Financial Reports
Last week’s economic reports included readings on home prices, new and pending home sales and a statement from the Federal Reserve’s Federal Open Market Committee. The University of Michigan issued its monthly statement on consumer sentiment and weekly...