Image via Wikipedia The First Time Home Buyer’s Tax Credit has had a great impact on the housing market this year. In the industry we have watched the market get better every quarter this year, due in large part to the numbers of first time home buyers that came into the market to get their […]
Entries Tagged as 'Real Estate'
Home Buyer Tax Credit Extended – Our Government can work!
November 5th, 2009 · Comments Off on Home Buyer Tax Credit Extended – Our Government can work!
Tags: Consumer Lending · Economy · Local · Mortgage Lending · New Jersey · Pennsylvania · Real Estate
Hooray For the Phillies AND The Tax Credit Extension!
October 29th, 2009 · Comments Off on Hooray For the Phillies AND The Tax Credit Extension!
Image by reeltor99 via Flickr Its hard to decide what to write about this morning. Last night the Phillies faced the Yankees in the World Series for the first time since 1950 (when the Whiz Kids took on the New York Team) and they won – even though the game was in New York. That’s […]
Tags: Consumer Interest · Economy · Just For Fun · Real Estate
Housing Starts Reported Up Again!
October 28th, 2009 · Comments Off on Housing Starts Reported Up Again!
Housing Starts on single-family homes gained last month, marking the 8th time that’s happened this year. A “Housing Start” is a home for which the foundation has been excavated and, considered alongside other key market metrics, September data suggests that the housing market stabilization is complete. Momentum in housing is overwhelmingly positive: Homes under contract […]
Tags: Real Estate
Everyone Thinks the Market is Recovered!
October 22nd, 2009 · Comments Off on Everyone Thinks the Market is Recovered!
IMG_0745, originally uploaded by reeltor99. Well maybe not everybody, and maybe not quite recovered yet, However a consensus of several major real estate groups says that 2010 is the time for the expansion of the real estate market. According to several studies, the market of 2009 will mark the end of the real estate “contraction” […]
Tags: Consumer Interest · Economy · Local · New Jersey · Pennsylvania · Real Estate
Simple Real Estate Definitions: Escrow Account
October 20th, 2009 · Comments Off on Simple Real Estate Definitions: Escrow Account
An escrow account is a designated savings account into which funds get deposited for a specific purpose. With respect to real estate and home loans, escrow accounts are used to pay real estate tax bills and homeowners insurance payments. Escrow accounts are managed and disbursed by lenders. When a homeowner “escrows” his mortgage, along with […]
Tags: Consumer Interest · Real Estate
Philadelphia’s Brotherly Love and Social Media
September 28th, 2009 · Comments Off on Philadelphia’s Brotherly Love and Social Media
I don’t mean to be sexist in the title of this post, especially since there are so many women involved in the organizations, both charitable and social media centered that are the focus of this post, but the term is a natural when you talk about Philadelphia and charity at the same time. I attended […]
Tags: Local · Opinion · Pennsylvania · Real Estate · Social Medial
Long Term Trends Indicate a Possible Recovery in Housing
August 28th, 2009 · Comments Off on Long Term Trends Indicate a Possible Recovery in Housing
It seems that this may be another in what is appearing to be a string of articles about the possibly recovering housing market. After years of continuous bad news, the housing market continues to surprise. Last week, the latest good news came in the form of the monthly Existing Home Sales report. An “existing home” […]
Tags: Economy · Local · New Jersey · Pennsylvania · Real Estate
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
My Life Since Facebook
August 14th, 2009 · Comments Off on My Life Since Facebook
Image by Getty Images via Daylife About two and a half years ago, while my daughter was still in undergraduate school, she came home for a visit and during one of our discussions said, “Mom, Bill ‘friended’ me on Facebook and it creeped me out”. Bill is my partner and friend. I said, “Well, did […]
Tags: Real Estate
Simple Explanation Of The August 12, 2009 Federal Reserve Statement
August 13th, 2009 · Comments Off on Simple Explanation Of The August 12, 2009 Federal Reserve Statement
The Federal Open Market Committee voted to leave the Fed Funds Rate within its target range of 0.000-0.250 percent. It also reiterated plans to support the mortgage market to the tune of $1.5 trillion. In its press release, the FOMC noted that the U.S. economy is “leveling off” and that financial markets continue to improve. The […]
Tags: Economy · Federal Reserve · Mortgage Lending · Real Estate