news
Fastest pace for O.C. home market since 2005
...r since 2005. “A drop in inventory during this time of year is completely unprecedented,” Thomas said. The number of homes for sale has fallen 29 percent in a year. Thomas concludes: “For Orange County housing, the beginning of 2012 has proven to be remarkably robust. Demand, the number of new pending sales over the prior month, has been steadily growing, but the last two weeks have been ex...
Tags: inventory, selling patterns, steve thomas, trends
The Morning Call--Bad news = Good Market; Go figure
... day moving averages for the S&P executed the ‘golden cross’ at closing prices; historically, this has been a positive for stocks. GLD rose and continues to build a short term up trend. Bottom line: virtually all the fundamental news yesterday was negative/disappointing, but stocks again absorbed it all and managed to finish basically even for the day. Furthermore, they marked two ...
Home Owner Loans Rise 10 Per Cent
...mpared to January last year helps support our view that housing and mortgage market activity may be boosted by first time buyers seeking to complete loan deals before the stamp duty concession ends.” “Should inflationary pressures continue to fall back, the squeeze on household finances should ease progressively and help support stronger economic recovery going into the second half of the yea...
Tags: homeowner loans
New York State Home Sales Slip 3.9% in 2011, Median Price Holds Steady
...uld-be buyers that it's time to focus on advantages such as record-low mortgage rates and solid affordability factors rather than price declines." "The upward sales swing seems to contradict the low consumer confidence in the housing market as reported in the recent NYSAR/Siena Research Institute Consumer Real Estate Sentiment Survey," said MacKenzie. "The statewide housing market continues to be ...
Home Building Outlook: Most Local Markets To Improve In 2012
...e-family starts, for an overall improvement of 14% for residential construction activity this year. Of the 940 local markets tracked, 769 are expected to see improvement in new-home sales this year compared to 2011, with a forecasted average increase among improving markets of 17%. Related posts:Demand For Rentals Drives Big Rise In Home Building Another Dozen Housing Markets Improve Freddie Mac ...
Tags: news
Home Owners Taking More Equity Loans
...ortgage market has been struggling to keep its head above water for some time now, one area which is showing significant growth is that of equity release loans and lifetime mortgages, as retired people use the value locked up in their home for a variety of reasons. A recent survey from the equity release loan broker, Responsible Equity Release, has found that somewhere in the region of 36 per cen...
Tags: secured loans
History says home real estate is a bad investment
CBS News reports:For the period 1890-2005, inflation-adjusted home prices rose just 103 percent, or less than 1 percent a year. One can only imagine how many fewer investors would have piled into the residential home market if they were aware of the historical evidence. As Spanish philosopher George Santayana famously remarked: "Those who cannot remember the past are condemned to repeat it."...
News of Doom- February 6, 2012
...ng ground’ - The Press Association MPs fear far-right terror threat - BBC News Man pleads guilty to killing Somer Thompson - Burlington Times News Errors Doom Valdosta State as Blazers fall 9-3 to Saint Leo - WCTV Chevy Apocalypse Super Bowl Commercial: Silverado Ad Mocks Ford (VIDEO) - Huffington Post Public surveillance from private property questioned - Washington Times Quincy schools looking...
Tags: news of doom
DVDs Are Dying, and There's Worse News Ahead for Hollywood
...t a matter of time. The VHS cassette had its fun. LaserDisc partied on the fringes. Why should the DVD be any less transitory a technology? Movie studios have known this for some time. They've seen sales of blockbusters and box office duds alike flounder during the home-market window. They've pointed at scapegoats. "Netflix (NFLX) is the problem!"...DVDs Are Dying, and There's Worse News Ahead f...
Tags: blu-ray, box office, boxoffice, coinstar, dish network, dvd
A good week for housing news?
...et is regaining its footing, economists said reports this week will show. Combined purchases of new and existing houses rose to a 4.97 million annual rate from 4.92 million in December, according to the median forecast in a Bloomberg News survey. Claims for jobless benefits held near the lowest level since 2008, bolstering consumer confidence, other reports may show. A strengthening job market, ...
January Real Estate Market Update
...ring. We’re getting back to a balanced market, which is considered about six months of inventory. As in December’s Smyrna Vinings real estate update, we are at the lowest inventory levels in the last five years in this area. If we break down the market into the different price points and zip codes, you’ll see a very strong market in the majority of areas. Overall, we’re at 6.99 months wor...
Tags: smyrna condominums, smyrna homes, smyrna townhomes, vinings condominiums, vinings homes, vinings townhomes
Glenn Ford Stop at market and pick up watermelon for...
...ff at noon and down for nap with girls. Up and check e-mail. Check outsid for mail and there is none. Feed girls. Clean up side yard. Work in office then watch end of Day of the Evil Gun. Sweep tiles. Bring our meat in from outside where it's been defrosting.Into kitchen and prepare steak. Beth calls: she is bringing cole slaw. She home and Istart BBQ steak. She changes towels in bathrooms. She co...
Bradenton, Manatee County, Real Estate, News, Statistics, and Market Report
...ing real estate today & help you with your real estate decisions. If you have any questions, please do not hesitate to contact us! Robert Serena ~ Team Leader ~ 941.928.1248 Trend, Tips & Tricks Manatee County in Florida Real Estate Sales Data Average Listing Price (last 12 months) Average List Price in January Single Family Homes $444,390 Condos/ Townhomes $308,539 Multi-family $325,4...
Tags: bradenton, bradenton real estate, bradenton real estate news, bradenton real estate statistics, manatee county market reports, manatee county real estate
Florida Home Prices Rise as Consumer Confidence Increases
... course the opposite is true when there are any signs of home prices here in Florida being on the rise. Florida Mortgage Rates Will Rise as the U.S. Economy Improves The U.S. economy continues to show signs of a rebound, and this means that the amazingly low Florida mortgage rates we see now may be on the rise. According to the Census Bureau, Retail Sales climbed to $329 billion last month on a...
Tags: florida mortgage news, consumer confidence, florida home prices, florida mortgage, florida mortgage rates, home affordability
Linsanity is Great News for the Mets
...h of the 81 home games. The Wall Street Journal’s Matthew Futterman today analyzed the off-season of Major League Baseball’s 30 teams. Only the St. Louis Cardinals had a worse “Hot Stove Index” than the Mets. Futterman’s outlook for the Mets: “They moved in fences to help David Wright, but the Mets are a big-market team that acts like a small-market one.” Here’s a proposal: ...
Tags: sports pr
Chicago's collar counties lead January home sales surge
...ounty registered a 1 percent increase with a median price of $237,450, which was also the highest in the metro area. The median price also rose in Chicago, climbing 1.6 percent to $119,900. Attached Homes The metro-area market for attached homes (primarily townhouses and condominium apartments) recorded 1,588 unit sales in January, 17.4 percent more than in January of the prior year. Distressed...
Daily WHUFC News - 6th February 2012
...st October, after legal challenges by Tottenham Hotspur and Leyton Orient were compounded by an anonymous phone call to the European Commission, complaining that Newham Council's partial funding of the West Ham bid amounted to improper state aid. I ask Brady if she knows who made that phone call? "I can narrow it down to one or two," she says, sweetly. Whatever, the stadium will now remain in publ...
Mortgage & Market News - Week of Feb.13th, 2012, Edmonton and Calgary
...r 2.79% 4 Year 2.99% 5 Year 3.19% 7 Year 3.99% 10 Year 3.89% ARM / Variable 2.90% Line of Credit 3.50% Prine 3.00% Qualifying Rate 5.14% Market News Canadian stocks ended at their lowest level in nearly a month on Tuesday, undermining the big gains they made at the start of the year, as mining and energy issues slid on a fresh ...
Business News – Edited by Pip Panaguiton
...a Paris-based association of trade fair organizers. (Danielle Venz, PHILEXPORT News and Features) Bolder Management Approach vs Disaster Risk Pushed Disaster-prone countries, including the Philippines, should develop a much bolder disaster risk management approach in an effort to reduce their vulnerabilities and exposure to risk. This recommendation was highlighted in a report titled "T...
U.S. Housing Market Learned a Thing or Two from the Surge of Distressed Properties
...of distressed homes for sale in the whole country. Florida, in particular, is in need of more home buyers to lower its inventory of unsold houses. Market Becoming More Aware Despite better conditions in the housing sector, experts claim that local real estate markets should remain vigilant and keep track of any potential problem that may come during the year. Washington is one such area that h...
Tags: foreclosure crisis