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topStories Tuesday, July 31, 2018
Sponsored by Quicken Loans
How to Retain Your Home's Value
Contracts Flicker in June, but Pending Sales Still Underwhelm Year-Over-Year
By RISMedia Staff
With an 0.9 percent gain month-over-month, June pending sales slightly sparked, according to the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI)—but, on an annual basis, contracts still underwhelmed, down 2.5 percent. From May to June, activity increased in all of the regions in the U.S.: 0.5 percent in the Midwest; 1.4 percent in the Northeast; 1.1 percent in the South; and 0.7 percent in the West. However—in line with the nation's overall trend—activity was subdued year-over-year, down 2.1 percent in the Midwest, 4.1 percent in the Northeast, 0.3 percent in the South, and 5.6 percent in the West. "After two straight months of pending sales ...
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Paying Off Mortgage Quickly Is Not Always the Optimal Retirement Strategy
By Janet Kidd Stewart
(TNS)—Q: I will soon make our final mortgage payment. My wife will retire in two years and I will work to age 67. We are both 60 today.
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