Category Archives: Real Estate

housing market is stumbling to a recovery

      There is no doubt that the housing market is stumbling to a recovery.  This past week Lawrence Yun, NAR’s chief economist, predicted a 4% increase in sales next year. Last month, Celia Chen of Moody’s Analytics projected … Continue reading

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Healthiest Housing Markets: Mid-2011 Update

What can you say about the fickle economic forces that drive the home building industry? Markets that were among the healthiest six months ago have lost favor, due to weakness in the oil and gas sector of the economy. They’ve been … Continue reading

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Housing to gradually improve in 2012

Gradual improvement in the housing market is expected next year, with existing-home sales edging up 4% to 5% and new home sales getting an even bigger boost off this year’s record lows, the chief economist of the nation’s largest real … Continue reading

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What This Year’s Business Trends Forecast for 2012

It’s that time of year again when economists and other experts start crystal balling where they think the beleaguered U.S. economy and its housing industry could be headed in the next two years. Those projections, as often as not, are … Continue reading

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Lawmakers Cut Deal to Reinstate Higher FHA Loan Limits

The government keeps saying it wants to reduce its presence in the housing and mortgage sectors. But not just yet. A bipartisan panel of House and Senate lawmakers reportedly has cut a deal that, if passed by Congress, would allow … Continue reading

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It has been said that democracy is the worst form of government except all the others that have been tried. Winston Churchill

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a mixed bag in September

The housing market was a mixed bag in September as loan performance overall declined slightly along with existing home sales, while new home sales showed improvement along with foreclosure starts and sales, but overall, things looked better than they did a year … Continue reading

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Miami Home Sales Rise in September

Miami-area home sales held at a five-year high in September, rising 15% from a year earlier as price reductions and super-low mortgage rates helped stoke year-over-year sales gains across the price spectrum. More on Real Estate Seattle Home Sales Robust … Continue reading

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Last week’s housing news

Last week’s housing news did give all of us in the industry a few more things to hang onto. First, we saw new single-family home sales go up 5.7% in September, to a 313,000 annual rate. Next, it was nice … Continue reading

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The Week’s Economic Indicator Calendar

The Week’s Economic Indicator Calendar Weaker than expected economic data tends to send bond prices up and interest rates down, while positive data points to lower bond prices and rising loan rates. Economic Calendar for the Week of Oct 31 … Continue reading

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