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Category Archives: Ping.fm
Consumer Price Index fell by 0.3 percent in November
The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.3 percent in November on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.8 percent before … Continue reading
Posted in Home Building, Ping.fm, Real Estate, Warranty Service
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Freddie Mac predicts home prices will continue to rise in 2013
US house prices will continue to strengthen in 2013 with most residential real estate indice rising by 2 to 3 percent, it is claimed. Long term mortgage rates in the US are likely to remain near their record lows for … Continue reading
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Housing’s ‘ins and outs’ of 2013
Trulia chief economist Jed Kolko is on record a year ago for saying: “Even the best possible 2012 won’t get us halfway back toward normal.” That turns out to be true, but barely. Kolko outlines what he believes to be … Continue reading
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Differences between buying new home and buying new car
When you drive a new car off the lot, it immediately loses some of its value. Does the same apply to real estate? And if so, should you care? For years, the new construction and development market has been sluggish. But now, … Continue reading
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Work Culture is Changing with Technology
Mashable business reporter Seth Fiegerman recently responded to a LinkedIn survey asking professionals around the world which office technologies would be coming and going in the next five years. Which technologies are on the way out? You can probably guess … Continue reading
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America’s Middle-Class Housing Burden
Home prices may be low, but that’s doing little to help America’s moderate income families, most of which rent and are suffering from ballooning rental costs, gas prices, and utility bills, reports the Chicago Tribune. During the last decade, housing and … Continue reading
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Home Price Growth vs. Rent Growth in Top 25 Metros
Trulia released the latest data for its November 2012 Trulia Rent Monitor. Rents were up nationally 5.6 percent year-over-year in November, compared to asking prices on for-sale homes increasing 5.4 percent over the same period. But out of the Top … Continue reading
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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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