Deborah Carter's blog

Homes With Positive Equity on the Rise

In their latest equity report, CoreLogic has released new data showing more encouraging numbers for the U.S. housing market. In the first quarter of 2015, consistently rising home prices resulted in 254,000 properties regaining positive equity status, bringing the percentage of negative-equity homes down to 10.2%! Comparatively, in the last quarter of 2014, 5.4 million homes (10.8% of mortgages) had negative equity. This increase in wealth represents a hopeful trend for both the housing market and the wider national economy.

Housing Market Likely Best Since 2006

With 2015 nearing the midway point, housing trends are indicating that this year could mark the best since the height of the real estate bubble in 2006. New and pending home sales were up 26% and 14% respectively in April compared to last year. In fact, home sales are expected to reach nearly 6 million, on par with the first year of decline in 2007. However, the numbers being seen now are indicative of another bubble. According to realtor.com's Jonathan Smoke, this year's market is being driven by the more than 3 million jobs created in the last 12 months. Of those, more than 1 million have been in the 25- to 34-year-old age range, where most first-time home buyers fall.

Essential Landscaping to Increase Curb Appeal

From installing new carpet to finishing a basement, there are many ways to increase the value of your home. However, one of the most important investments you can make as a homeowner is in your house's landscaping. Beautiful landscaping can effectively add value to your home and make it stand out to potential buyers by greatly upping its curb appeal. In fact, good landscaping can raise the value of a house by 28%, and upgrading from good to excellent can reap rewards of 6-7%. Here are some of the most eye-catching components to amazing landscaping!

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