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” […]
Entries from August 2009
Long Term Trends Indicate a Possible Recovery in Housing
August 28th, 2009 · Comments Off on Long Term Trends Indicate a Possible Recovery in Housing
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
How to Install Invisible Shelves
August 17th, 2009 · Comments Off on How to Install Invisible Shelves
If you’re looking to add invisible shelves in your home or workplace, you can either buy them on Amazon.com for $14 a piece, or you can build them yourself with a just a few simple tools. In this 3-minute video, life-help website VideoJug shows how to install invisible shelves in an easy-to-understand, anyone-can-do-it fashion. The acting […]
Tags: Consumer Interest · Just For Fun
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
Watch Out for Foreclosure Scams!
August 4th, 2009 · Comments Off on Watch Out for Foreclosure Scams!
The above video was created by the Federal trade Commission to help people understand that dangers they face when the stress of their situation allows them to fall prey to people who would take advantage of them. Thanks to Jay Thompson at ThePhoenixRealEstateGuy for the tip!
Tags: Consumer Interest · Economy · Mortgage Lending · 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