There's no reason 2018 can't be the year you finally achieve your goal of buying a new home. Licensed real estate professional Victoria Shtainer joins Cheddar with a guide of how to approach making the milestone purchase in the new year. She says the new tax bill is causing uncertainty in the market, and that such volatility can be good for buyers.
Then, Shtainer gives her tips on what to consider before buying and planning for a move. She says it's important to put in time raking your priorities so you know what to keep in mind when beginning your search. She also discusses why she thinks it's key to keep your paperwork and finances in order so you're prepared to act quickly.
Finally, we hone in on planning a potential move to New York City. Shtainer says to plan on downsizing, beware of fees, and to always visit the apartment building before signing anything. With NYC home prices becoming more affordable, she expects the market to heat up in the new year.
Ahead of the release of October's consumer inflation data Tuesday, you may notice changes from the Bureau of Labor Statistics. When it comes to how it estimates health insurance costs, the move is expected to give a boost to the U.S. inflation measure which will reverse a trend that has provided some relief.
A handful of retailers will report earnings this week, including Home Depot, Target, Walmart and Macy's, as gas prices peaked in September to the end of this latest quarter while borrowing costs remain at their highest levels in decades.
The largest South American airline altered its travel policy because Taylor Swift was supposed to perform in Argentina's capital on Friday but moved the date to Sunday because of inclement weather.
