Can Immigrants Fix the Housing Mess? According to an article at MoneyCentral.msn.com, one of their money editors has suggested that “Perhaps the US should consider a radical change in tactics to eliminate the housing surplus and stop falling home prices — without costing taxpayers a dime.” The article explains it this way: All we have […]
Social Network for Homebuyers
Social Network for Homebuyers A short time ago, we told you about how Twitter was being used to market homes for sale, and communicate with buyers and sellers. Now, a new social network has been created for the purpose of providing an on-line forum for networking, exchanging ideas and dialog concerning the many issues faced […]
Economy: Recovery Sooner Rather Than Later?
Economy: Recovery Sooner Rather Than Later? Time for some good news for a change! The economic recovery could happen much sooner—and be much stronger—than anyone thought possible. Some economists are disputing the idea that the recession will drag on for months and that the rebound will be as weak as those following the the 1991 […]
Housing Recovery? Buffett Says No
Housing Recovery? Buffett Says No Paul Volcker, one of President Barack Obama’s economic advisers, said recently that the economy was “leveling off at a low level” and doesn’t need a second fiscal stimulus package after the $787 billion plan signed by Obama in February. The U.S. economy contracted at a 6.1 percent annual rate in […]
Economy: April Showed Improvement
Economy: April Showed Improvement Consumers felt much more upbeat about the economy in April, a month when the nation’s manufacturing sector appeared to be crawling out of a deep recessionary hole. The news is fresh evidence that the U.S. economy may be on a slow path to recovery on the back of a huge federal […]
Housing Outlook – Early Summer Could Be Critical
Housing Outlook – Early Summer Could Be Critical The early summer months could be the critical time for the nationwide housing outlook. National Association of Realtors Chief Economist Lawrence Yun is questioned about the markets in this (3:36) video… Questions or comments? We’d love to hear from you. Just use the comment link below…
Buying and Selling a Home
Buying and Selling a Home Buying and selling a home in this real estate market is not for the faint of heart! In today’s fluctuating financial climate, there are many areas that one needs to examine before they buy or sell a home. For instance, if you’re thinking of buying a foreclosed house, you must […]
Consumer Confidence UP for a Change
Consumer Confidence UP for a Change Confidence among U.S. consumers advanced to the highest level since the bankruptcy of Lehman Brothers Holdings Inc. pushed the economy deeper into the recession. Consumer sentiment seems to be, “the darkest phase of the recession is behind us…” Evidence that the housing market is reaching a bottom may be […]
Foreclosures Up 24 Percent in 1st Qtr
Foreclosures Up 24 Percent in 1st Qtr The number of American households threatened with losing their homes grew 24 percent in the first three months of this year and is poised to rise further as major lenders restart foreclosures after a temporary break. In March, more than 340,000 properties were affected nationwide, up 17 percent […]
Real Estate News – May 2009
Real Estate News – May 2009 Our May 2009 Newsletter is now up… From the right Nav Menu, Find “PAGES AND NEWSLETTERS” and Select “May 2009 below “Our Monthly Newsletters”.
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