1.Buyers should look for signs that a home hasn’t been well-maintained
“To hear professional home inspectors tell it, Americans take better care of their automobiles than their homes. Consequently, every home buyer should plan to spend the $400 to $600 necessary to have the house they like best thoroughly examined by an independent third party.”
2.US Companies Report Rising Sales, Employment in 2Q
“Rising sales helped boost hiring and wages at U.S. businesses in the second quarter, and companies are optimistic that the trends will continue this fall, according to a new survey by the National Association for Business Economics.”
3.2014 real estate market shows continued improvement
“Trends in Montgomery County real estate indicate an uptick in volume and a slump in days on the market. Both of these numbers support a seller’s market where buyers are scrambling to find a home while interest rates are still low. Buyers also are concerned that rising prices may prevent them from buying if they don’t move quickly.”
4.Young Americans prefer cash savings to stocks, real estate when investing, report says
“The youngest American generation prefers to stow away cash in savings accounts rather than invest it in the stock market or real estate, a factor that could hurt their chances for a comfortable retirement, according to a Bankrate.com survey released on Monday (July 21).”
5.U.S. Economy Is Lumbering, Not Soaring
“The destruction of Malaysia Airlines 3786.KU 0.00% Flight 17 and the fighting in Gaza are the sort of geopolitical unknowns that send markets off-kilter, albeit in this case not very far off-kilter. The overriding market thesis is that the economy is getting better, the jobs market is getting better, corporate earnings are getting better, the proverbial morning in America is just around the corner, and even with stocks around record levels, even with chaos overseas, now is still the time to buy.”
6.Next two weeks’ earnings may test economy
“A long hoped for improvement in the economy appears to be manifesting itself in second-quarter U.S. earnings, but the next two weeks could be the real test”