The end of 2009 is also the end of the first decade of the century – and that makes it a good time to get some perspective on the last 10 years. This video, courtesy of our friends at Newsweek that gives you a quick overview of the decade – it might surprise you to […]
Entries Tagged as 'News'
The Last Decade in Seven Minutes
December 30th, 2009 · Comments Off on The Last Decade in Seven Minutes
Tags: Just For Fun · News
Half of the Nation’s Foreclosures are in Three States
August 19th, 2009 · Comments Off on Half of the Nation’s Foreclosures are in Three States
Foreclosure-tracker RealtyTrac reports that the number of foreclosures nationwide rose 7 percent on a month-to-month basis last month. However, 3 states dominated the foreclosure list, tallying more foreclosures between them than the rest of the country combined. California : 30.0 percent Florida : 15.7 percent Arizona : 5.4 percent On a per-household basis, the states ranked […]
Tags: Economy · News · Real Estate
Shrinking Housing Supply May be Good News for Home Sellers
August 3rd, 2009 · Comments Off on Shrinking Housing Supply May be Good News for Home Sellers
The national home supply is falling, down to its lowest levels since December 2008. In June, there was 9.4 months of supply, down from a year-ago level of 11.0 months. It’s one more sign that the housing market may be mending itself. Housing supply is an important metric because home values across every U.S. market […]
Tags: Economy · Local · New Jersey · News · Pennsylvania · Real Estate
Remembering Those That Serve
September 17th, 2008 · Comments Off on Remembering Those That Serve
September 11, 2008 Remembering 9/11 like it was yesterday, tonight I sat and watched 102 Minutes That Changed The World on the History Channel, alone. My family sleeping, I sat in front of my TV with my jaw as open as it was that day. Most reading this will remember what they were doing that day. […]
Why Weather Moves Mortgage Rates!
August 30th, 2008 · Comments Off on Why Weather Moves Mortgage Rates!
Three years to the week after Hurricane Katrina caused $81.2 million in damages, Tropical Storm Gustav is charting a similar Gulf of Mexico path. Memories of Katrina are making oil traders nervous. The 2005 storm shut down 30 platforms and 9 refineries. And, this week, oil prices are up nearly 4 percent on fears that the […]
Tags: Mortgage Lending · News
RIP Newspaper Real Estate Sections
August 21st, 2008 · Comments Off on RIP Newspaper Real Estate Sections
There is a lot of conversation in the real estate industry about print advertising being overtaken by on-line alternatives. There are surveys that show that most buyers start their search for homes on th Internet, and obviously it is better for the consumer to see more photos,in color, with maps and statistics,then it is to […]
Tags: Consumer Interest · News · Opinion · Real Estate
House Stimulus Bill has Changes in Capital Gains Tax Treatment
August 5th, 2008 · Comments Off on House Stimulus Bill has Changes in Capital Gains Tax Treatment
Monday, President Bush signed the Housing and Economic Recovery Act of 2008 into law and the press jumped on the obvious storylines: First-time home buyers get a $7,500 purchase “credit” Conforming loan limits move to $625,000 Delinquent homeowners get a lifeline from the FHA Local governments get federal money for buying and restoring foreclosed homes […]
Tags: Consumer Interest · Economy · Mortgage Lending · News · Real Estate
How Corn Might Help Our Housing Market
July 1st, 2008 · Comments Off on How Corn Might Help Our Housing Market
As flood waters ran through Iowa and other Midwestern states, the nation’s corn supply was thought to be in danger. Prices spiked in the wake of the floods, adding to the already-peaking grocery bills that many Americans are now bearing. With shortages of rice, and the unexpected increases in food costs due to transportation expense as […]
Tags: Economy · Local · Mortgage Lending · New Jersey · News · Pennsylvania · Real Estate