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Real Estate Wisdom and Information From CENTURY 21 Advantage Gold -The Only CENTURY 21 Firm With Offices in Pennsylvania AND New Jersey!

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Entries from August 2010

A Simple Explanation Of The Federal Reserve Statement (August 10, 2010 Edition)

August 10th, 2010 · Comments Off on A Simple Explanation Of The Federal Reserve Statement (August 10, 2010 Edition)

Today, in its first meeting in 6 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Fund Rate remains at a historical low, within a prescribed target range of 0.000-0.250 percent.

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Tags: Economy · FOMC

Home Values Within 12.5 Percent Of April 2007 Peak, Nationwide

August 10th, 2010 · Comments Off on Home Values Within 12.5 Percent Of April 2007 Peak, Nationwide

According the Federal Home Finance Agency’s Home Price Index, home values are now just 12.5 percent off their April 2007 peak nationwide. This after a half-percent monthly increase in prices in May,on average.

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Tags: Home Price Index · Real Estate