Monthly Archives: November 2012

Housing starts continue to rise

New home construction rose in October, underscoring continued improvement in housing last month. Housing starts rose 3.6% from September to a seasonally adjusted annual rate of 894,000, the Commerce Department reported. That was up 41.9% from the same month last … Continue reading

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Market Update

QUOTE OF THE WEEK… “Opportunities multiply as they are seized.”–Sun Tzu, ancient Chinese military general, thought to be the author of The Art of War INFO THAT HITS US WHERE WE LIVE… Investors are seizing the opportunity to invest in … Continue reading

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One in four homeowners believes the house wastes energy

Although residential electricity consumption is increasing, a national survey finds Americans blame their utility or their inefficient home for their rising energy bills rather than putting the blame on themselves for using more power. The survey, conducted by Knoxville-based Shelton Group, polled … Continue reading

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Can Obama take a Mulligan on housing?

During the election, both parties remained surprisingly silent on what exactly they would do to reinvigorate the housing market.  For the current Administration, that may have been a blessing as its policy efforts in housing have been lackluster at best. … Continue reading

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U.S. homeowners do better paying their mortgages

U.S. homeowners are doing a better job of keeping up with their mortgage payments, aided by an improving housing market and low interest rates that are making it easier to refinance. The percentage of mortgage holders at least two months … Continue reading

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