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Tag: Bad

Red-hot home prices have more consumers saying now is a bad time to buy

People wait to visit a house for sale in Floral Park, Nassau County, New York.

Wang Ying | Xinhua News Agency | Getty Images

Anyone out hunting for a house knows that bidding wars are no longer the exception, but the rule.

Demand for housing has been unusually strong, due to the coronavirus pandemic, and supply is historically lean. That is a recipe for high prices, which are now beginning to take their toll on potential homebuyers’ confidence.

The share of buyers who say they think it’s a good time to buy fell in September, from 59% to 54%, according to a new survey from Fannie Mae.

Home values were up nearly 6% annually, according to CoreLogic, a data analytics firm. More consumers now expect those price gains to grow.

The percentage of respondents to the Fannie Mae survey who says prices will go up in the next year increased

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Red hot home prices have more consumers saying now is a bad time to buy

  • The share of buyers who say they think it’s a good time to buy fell in September, from 59% to 54%, according to a new survey from Fannie Mae.
  • More people do think now is a good time to sell a home, which is an improvement from the first months of the coronavirus pandemic, when potential sellers didn’t want shoppers in their homes and worried about the state of the overall economy.



a group of people standing in front of a building: People wait to visit a house for sale in Floral Park, Nassau County, New York.


© Provided by CNBC
People wait to visit a house for sale in Floral Park, Nassau County, New York.

Anyone out hunting for a house knows that bidding wars are no longer the exception, but the rule.

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Demand for housing has been unusually strong, due to the coronavirus pandemic, and supply is historically lean. That is a recipe for high prices, which are now beginning to take their toll on potential homebuyers’ confidence.

The share of

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One Bad Kitchen, Three Good Designs

Article Image

Synopsis: In this case study, three designers/architects are assigned a set of fictional clients who have differing requests for a remodel of the same problem kitchen. Ashlee Richardson redesigns the space for empty nesters aging in place, Elizabeth Morgan is tasked with an eco-minded remodel, and Garrett Kuhlman, an avid cook himself, is given clients who love to cook and want to modernize the space. Each theoretical remodel includes extensive 3D floor plans along with a description of spec’d products and materials, displaying the many options for remaking the same space to suit different needs.


Remodeling a kitchen is always a big undertaking, but some kitchens are harder to fix than others. The size, the shape, and the way the space connects to the rest of the house can make it hard to add functionality, never mind bring it up to date.

Many homes built in the boom following World

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Kenya: Bad News for Nairobi Contractors as Sonko-Badi War Delays Projects

Nairobi County government contractors are facing uncertain times as the row between City Hall and the Nairobi Metropolitan Services (NMS) over implementation of projects continues to stall their completion.

This is after it emerged that Governor Mike Sonko’s administration is yet to hand over to NMS projects under the transferred functions, more than five months after the establishment of the new office.

This now threatens further delays, putting paid to efforts of the contractors to complete the projects and get paid.

Concerned with the delays, the Nairobi County Assembly now wants the county government and the Major-General Mohammed Badi-led NMS to come clean on when the projects will resume.

The county legislators, led by Majority Whip Paul Kados, said the delays in completion of the projects had left contractors unpaid and several projects, which had been going on before the transfer of functions in February, stalled.

Transferred county functions

He

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Always Home Cam: Amazon’s robot drone flying inside our homes seems like a bad idea

I actually had to double-check my calendar to make sure today wasn’t April Fool’s. Because watching the intro video of an indoor surveillance drone operated by Amazon seemed like just the sort of geeky joke you’d expect on April 1.

But it isn’t April Fools, and besides, Google has always been the one with the twisted sense of humor. Amazon has always been the one with the twisted sense of world domination.

This was a serious press briefing. None of the Amazon execs presenting even went so far as to crack a pun. Other than Bezos’ maniacal laugh, you rarely ever see an Amazon exec even chuckle.

So the $249 autonomous Always Home Cam announcement wasn’t a joke. It’s an upcoming product expected in 2021. And, as much as it scares me and is likely to scare my wife (and it’s probably going to scare the dog), I think I

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Demystify the Allegorical Misinterpretation of Bad Credit Personal Loans

Every time you go for a loan, the bad credit trademark hits you where it should – your odds at finding a loan. For bad credit personal loan, it is necessary to discover your standing as a loan claimant. Loan borrowing is promoted as a much elementary process. And so is loan borrowing for bad credit. It is amazing that loan lending companies are willing to come forward for providing personal loans for bad credit. But you can never understand a dictum unless you heard to both sides of the version. The long queue of loan lender that you see standing in front of you is not standing there without a good reason. Bad credit personal loans implies higher rate of interest. There is money to be made from people with bad credit therefore these hoards of options.

For getting personal loan approval, get a realistic view of your position … Read More

Home Equity Loans With Bad Debt: 6 Steps Before Getting a Loan Specialist

A bad credit score makes a huge impact on all types of loan. If you are one of those who has a bad credit but in desperate need to take out a home equity loan, know that it is possible for you to apply for a loan with bad debts. If you have started your research online, you may have already known that home loans with bad debt are possible.

Homeowners who have a great value on their homes have a better advantage and could have a greater opportunity of getting mortgage loans despite bad credit.

6 Steps to Consider Before Getting a Loan Specialist

1. Understand Home equity loans with bad debt

A home loan with bad debt may be used for making improvements or perhaps renovations on your home. This type of loan can offer interest rates which are much easier to manage compared to personal loans.

Note … Read More

Taking a Bad Credit Military Loan

In these times, financial hardship is about as common as financial success. It seems that no one is immune to the dangers of bad credit. No matter how well-meaning you may be, an emergency can put you over the top and cause late payments and defaults on loans. Even members of the military are experiencing these problems. That is why bad credit loans for military members were created. These special military bad credit loan options are designed specifically for those in the armed forces and can help you get back on your feet.

Bad Credit Happens

Those in the military are just as likely as civilians to fall into financial hard times due to unforeseen circumstances. Though your job is stable (no risk of lay-off, at least) other factors in your life parallel those experienced by us all. Therefore, if you have found yourself in the situation of defaults, county … Read More

Getting Unsecured Personal Loans With Bad Credit Can Restore Your Credit Status

It might seem unlikely, but even bad credit borrowers can use borrowing to improve their financial situation. It is simply a matter of finding a loan deal that is affordable and practical. Admittedly, when seeking unsecured personal loans with bad credit, the task is more difficult – but not impossible.

It is often forgotten that lenders cannot make a profit by rejecting loan applications. So, the idea of getting loan approval with no security should not be alien to any of us. However, what is true is that securing good terms can be a challenge, and good terms are important if the purpose of the loan is to improve a financial standing.

But how can approval be secured? And what are the chances of getting terms that are affordable on an unsecured personal loan in what might be weakened financial circumstances? Here are some factors that should be kept in … Read More