September, 2018

Fed Raises Key Interest Rate For 3rd Consecutive Time

Fed Raises Key Interest Rate For 3rd Consecutive Time

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The Federal Open Market Committee of the Federal Reserve announced that it raised the target federal funds rate to a range of 2.00 percent to 2.25 percent. This was the third consecutive increase in the Fed’s key interest rate and was the eighth time the Fed raised its key interest rate since 2015.

Common Misconceptions About House Flipping

Common Misconceptions About House Flipping

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Reality TV shows have energized everyday people to dive into the real estate market and make money flipping houses. The dramatic presentation and profitable end results make the industry seem like a sure thing. But house-flipping, like any industry, has its share of challenges.

NAHB Housing Market Index Unchanged in September

NAHB Housing Market Index Unchanged in September

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Home builder confidence in housing market conditions stayed flat in September. The National Association of Home Builders Housing Market Index reported an index reading of 67, which matched expectations and NAHB’s housing market reading for August. Analysts cited recent tariffs on building materials as a significant cause of easing builder confidence.