Archive for the ‘Real Estate’ Category

Tuesday October 6, 2009 02:22

Apartment vacancies at 23-year highs

Posted by Alex as Real Estate

It's not that people aren't needing roofs over their heads, it's just that those who need to do so have no buying power to support them. While home sales are seeing a bit of daylight (partly due to the ending tax credit for new home buyers), apartments...

Sunday September 13, 2009 18:05

FDIC wants mortgage help for unemployed

Posted by Alex as Real Estate

The recession saw many get knocked down by the widespread job cuts and home foreclosures. The past year has seen many families go broke, jobless, and homeless in just a span of weeks. These issues continue to be the top concerns for the recovery. If...

Thursday August 27, 2009 16:37

First-time home buyers tax credit to end soon

Posted by Alex as Real Estate, Taxes

Still thinking this isn't the time to buy a home despite the low prices and the high availability of both newly-constructed houses and foreclosed homes? If you're a first-time home buyer with some money to spend (or at least have the job security), you...

Wednesday August 26, 2009 22:56

New home sales continue to surge

Posted by Alex as Featured, Real Estate

July saw the highest level of new home sales in the US with an annualized rate of 433,000 units sold. That's the highest since September last year and 9.6% more than the June rate of 395,000. The past two months have exceeded analysts expectations. The...

Sunday August 23, 2009 14:24

Home sales boost stocks to 2009 highs

Posted by Alex as Featured, Real Estate, Stocks

After being warned by analysts to approach August with caution, investors were still willing to bet on positive data. US stocks closed at year highs last Friday as investors saw the 7.2% rise in home sales as a very positive indicator that the real estate...

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