Home Buying Creates Ripple Effects in Additional Spending

Using the Consumer Expenditure Survey (CES) data from the Bureau of Labor Statistics (BLS), NAHB Economics research shows that a home purchase triggers additional spending on appliances, furnishings, and remodeling. Such spending typically exceeds that of non-moving homeowners and persists for two years after moving. The...

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Home Inspection; What Makes It Important

Did you know that 99% of REALTORS suggest a home inspection before a purchase to all the prospective buyers? And even then only 77% home buyers perform inspection before buying a house. This may be due to the fact that once a person makes contact...

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Shaking Up Roof Colors

According to national color expert Kate Smith, the most timeless roofing colors used on American homes include black, gray and cedar. Colors that are gaining popularity in “shaking up” today’s roofs include shades of green, clay and terracotta. “Black never goes out of style for any...

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Soaring Still

Houston’s housing market recorded the third-highest sales total in the city’s history in June with record-high prices and fast-paced dealing continuing a torrential pace of sales for the summer. The Houston Association of Realtors reported 7,220 single-family Houston area houses were sold last month. With...

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