FRIDAY - let them eat cake
- Federal Reserve raises interest rates for first time in 2018
- The Correlation Between California Commute Times and Home Value
- Freddie: ‘Adulting’ Barriers Hold Back Housing
- How To Win A Real Estate Bidding War: Advice From The Pros
- What does $2,600 rent you in San Jose right now?
- 10 Tips for Beginning Gardeners
- 8 Things Interior Designers Want You to Know
Enjoy!
Federal Reserve raises interest rates for first time in 2018 - Earlier this year, observers placed the likelihood of the Fed increasing rates by 25 basis points at the end of its March meeting at more than 75%. And Wednesday, that’s just what the Fed did. Citing the strength of the economy, the Federal Open Market Committee voted to increase the target range for the federal funds rate to between 1.5% and 1.75%.
The Correlation Between California Commute Times and Home Value - The high cost of living in California can be chalked up to factors such as limited vacant land, little incentive for local governments to approve housing, the high cost of construction, and topographical constraints in coastal areas (hills, mountains, the ocean, and other bodies of water). Amid these challenges, residents often have to make concessions in order to purchase a home. Most often, that means living outside of dense metro areas, and further away from where the majority of jobs can be found. Which, in turn, means longer commute times in the service of affordable housing.
Freddie: ‘Adulting’ Barriers Hold Back Housing - “Adulting” is getting harder for younger generations, which is stymieing the housing market from reaching its full potential, according to Freddie Mac’s latest March Insight report. The report compares young adults to previous generations and the impact to household growth. “For today’s young adults, ‘adulting’ is hard because the economic environment has been tough in recent years; wage growth has been weak and housing costs have risen rapidly,” researchers note in the report. “On top of that, education and health care costs have skyrocketed.”
How To Win A Real Estate Bidding War: Advice From The Pros - Do work with a real estate professional who has a solid track record and strong relationships with other agents to give them the insider info needed to make the deal.
What does $2,600 rent you in San Jose right now?
10 Tips for Beginning Gardeners - With a sketch, basic tools and the right mix of plants, you’ll be on your way to growing your first flowers or edibles
8 Things Interior Designers Want You to Know - Get the scoop on certifications, project scope, working from afar and more
