Category Archives: Ping.fm

Raleigh, NC Figures for New Home Sales Rise Year-Over-Year

Sales of new homes increased year-over-year in July in the Raleigh, NC market, on an upswing after a decline in June 2011. New home sales saw a jump of 15.3% from the year earlier to 332 after sales dropped 38.2% … Continue reading

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“It would be so nice if something made sense for a change.”–“Alice in Wonderland,”

What didn’t make sense last week was the way the media reported the latest housing data. Housing Starts were UP a strong 15% in September, hitting a 658,000 annual rate. But the media chose to emphasize that the gain was … Continue reading

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U.S. Federal Reserve Beige Book: Atlanta District

Real Estate and Construction. Residential brokers indicated that sales softened somewhat in September compared with the previous month and were flat to slightly up compared with very weak levels from last year. Florida brokers reported that home sales growth slowed. … Continue reading

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Forget Blog Traffic–Get People Coming Back!

Forget Blog Traffic–Get People Coming Back!  These days, many professionals are looking to build a blog community to develop their reputation, uncover new business opportunities and grow revenues. What this comes down to is using a blog to build meaningful … Continue reading

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Record Low New Home Sales In 2011

Record Low New Home Sales In 2011 New home sales in the United States are on pace to set a brand new all-time record low in 2011.  This will be the third year in a row that new home sales … Continue reading

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Builders are doing whatever they can to stay afloat…..

New-home sales reached a seasonally adjusted annualized rate of 298,000 in July, down from 323,000 last year, and a far cry from 2005, when 1.28 million new homes were sold, according to the Census Bureau and the Department of Housing … Continue reading

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NEW RESIDENTIAL SALES IN AUGUST 2011

NEW RESIDENTIAL SALES IN AUGUST 2011 Sales of new single-family houses in August 2011 were at a seasonally adjusted annual rate of 295,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and … Continue reading

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Economic Calendar for the Week of Sep 26 – Sep 30

 Date Time (ET) Release For Consensus Prior Impact M Sep 26 10:00 New Home Sales Aug 293K 298K Moderate Tu Sep 27 10:00 Consumer Confidence Sep 46.7 44.5 Moderate W Sep 28 08:30 Durable Goods Orders Aug 0.0% 4.1% Moderate … Continue reading

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mortgage rates should stay very very low

To help the economy succeed, the Fed is certainly using its ability to the max. Coming out of the FOMC meeting Wednesday, the Fed announced “Operation Twist”–a strategy of selling its short-term securities to buy long-term bonds to drive down long … Continue reading

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“Without continual growth and progress, such words as improvement, achievement, and success have no meaning.” — Benjamin Franklin

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