Category Archives: Real Estate

Federal Reserve Watch

Forecasting Federal Reserve policy changes in coming months All the experts still feel the Fed Funds Rate will stay at its super low level through the first half of next year. A threat of inflation, or a strengthening of the … Continue reading

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INFO THAT HITS US WHERE WE LIVE

Last Thursday the National Association of Realtors (NAR) reported Pending Home Sales for October UP 10.4% over the month before. This index is a measure of signed purchase contracts, which bodes well for Existing Home Sales a couple of months … Continue reading

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BAD JOBS, GOOD WEEK.

The week ended on a November Jobs report that delivered less-than-expected payroll gains and a slightly higher unemployment rate, but Wall Street basically shrugged it off. In fact, there was enough good economic news that investors sent all three stock … Continue reading

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Avoid First-Impression Mistakes You’d be surprised how many entrepreneurs pitch ideas without doing enough homework. Don’t let this happen to you, warns Harvard blogger Anthony Tja

Poor first impressions are avoidable. I’m amazed by some of the really unfortunate mistakes that people make during important first meetings, whether it’s a job interview, an important pitch, or other high stakes first-time business encounters. The secret to avoiding … Continue reading

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Triangle existing home sales plunge, but prices rise

The Triangle Multiple Listing Service on Tuesday unveiled October statistics for home re-sales in the area comprising Wake, Durham, Orange and Johnston counties. The MLS numbers show 1,067 closed sales of existing homes during October – a decrease of 40 … Continue reading

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US Data Preview: Existing Homes Seen At 4.48M;New Homes Up

WASHINGTON (MNI) – Upcoming data from the Commerce Department and the National Association of Realtors will probably show a mixed performance for housing sales in October. According to a survey of economists by Market News International, existing home sales are … Continue reading

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Homebuilder confidence is higher for the third straight month this month.

According to the National Association of Home Builders/Wells Fargo Housing Market Index, a combination of shrinking new home inventory plus higher-quality foot traffic is boosting builder optimism. November’s confidence reading of 16 is the highest since June 2010.The Housing Market Index … Continue reading

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NRF Says New Consumption Tax Would Cost Nation Hundreds of Thousands of Jobs

WASHINGTON–(BUSINESS WIRE)–A “debt reduction sales tax” covering items from groceries to new homes and health care proposed today by the Bipartisan Policy Center would result in massive job losses and prolong the nation’s economic downturn, the National Retail Federation said. … Continue reading

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No Rebound in 2011 as the Housing Market Continues to Rot

The year of 2010 saw very little improvement in the housing sector, and that’s not likely to change in 2011. The industry’s weaknesses – high unemployment, tight credit, ineffectual government programs, soaring inventories, plunging prices, and so on – are … Continue reading

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#1, RALEIGH-DURHAM

#1, RALEIGH-DURHAM Metro Area Population: 1,578,527 Daily Beast IQ Score: 170 Raleigh-Durham has just about every intangible useful in attracting and developing a smart populace: It’s a university hub, including three of the nation’s elite schools (Duke, the University of … Continue reading

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