Mortgage Rates Drop For The First Time In 4 Weeks

After 4 weeks of rising costs, Atlanta mortgage rates finally recede. According to Freddie Mac's weekly Primary Mortgage Market Survey, the average 30-year fixed rate mortgage rate dropped 7 basis points to 3.59% this week. Depending on where you live, however, you may find that your offered mortgage rates varies. Freddie Mac's...

New Home Sales Reach Multi-Year High

The market for newly-built homes remains strong. As reported by the U.S. Department of Commerce, 372,000 new homes were sold in July on a seasonally-adjusted, annualized basis. A "new home" is a home that can be considered new construction. July's New Home Sales report highlights what today's buyers of new construction and...

Government : Home Prices Up 3.0% In Last 12 Months Nationwide

The housing market recovery appears to be sustainable. According to the Federal Housing Finance Agency's Home Price Index, home prices rose by a seasonally-adjusted 0.7 percent between May and June 2012. The index is now up 3.0% over the past 12 months, and made its biggest quarterly gain since 2005 last quarter....

Carmel, Indiana Rated Top Mid-Sized U.S. City For 2012

CNNMoney has released its Best Places To Live 2012 list. The annual survey is based on data from Onboard Informatics. Using Quality of Life factors such as education, crime and "town spirit", and focusing on towns with between 50,000 and 300,000 residents, this year's survey ranks the country's best mid-sozed cities. To...

Existing Home Sales Rise To 4.47 Million

Home resales climbed 2% last month as the housing market continues its measured, steady recovery. According to the National Association of REALTORS®, Existing Home Sales rose to 4.47 million units in July on a seasonally-adjusted, annualized basis. An "existing home" is a home that cannot be classified as new construction and,...

Single-Family Housing Starts Remain Strong

The market for newly-built homes remains strong. As reported by the U.S. Census Bureau, July featured 502,000 single-family housing starts nationwide on a seasonally-adjusted, annualized basis, marking the fourth straight month during which single-family starts posted north of one-half million. The last time this milestone occurred was in the four months...

How To Repair Water-Damaged Hardwood Floors

For Vinings homeowners with hardwood flooring, a little bit of in-home water can do a whole lot of damage. Over prolonged periods of time, water can warp, buckle, and/or cup hardwood flooring, leading to an expensive and time-consuming repair process. Not all warped woodwork requires replacement, though. Some warped floors...