Archive for 'Hot News'
Federal Reserve – No New Rate Adjustments .. For Now!?
10 December 2010The unwillingness of the Federal Reserve to signal another round of rate adjustments, maybe due to the utter ineffectiveness of such measures to correct the ailing economy. Mortgages that remain unpaid are on the rise and more and more people sent to the streets. With such high demand for rental properties there is little left [...]
House Market – Down in the Gutters?
10 November 2010House prices continue to slide with only the market in vacation homes showing movement. Rentals are on the rise but prime properties continue to decrease leaving many without decent housing. Buyers holding off till things stabilize a bit and insurance industry flaws and loopholes are patched up. Congress continues to debate on how to bring [...]
Treasury Department : Pre-emptive padding for the Economy
10 July 2010The treasury department has taken steps before the holiday season in anticipation of further instability of the stocks market due to previous trends. One real estate Mortgage Lender has posted losses of almost 2 billion and has re-stocked buffers in anticipation of more problems associated with mortgage interest rates. This has been brought about by [...]
The Tumble Continues
5 June 2010The tumbling of the housing market has gone to the lowest levels in 12 years and no clear end is in sight. Twelve months ago, new home sales were at a high of a million units with current statistics showing only 647,000 units sold. This represents a more than 34% decrease which is the lowest [...]
House buyers are waiting…..and waiting….and waiting….
25 April 2010Market analysts show that people who are indeed on the lookout to purchase real estate are waiting for the dust to settle in the turmoil that the market is currently undergoing. With no end in sight, people tend to be overcautious waiting for prices to fall more and more or the market to stabilize which [...]
Housing market slump may usher in a new recession
21 March 2010As if the housing market hasn’t been shaken enough by unstable mortgage interest rates predictions by analysts are showing that the current housing market crisis may usher a new recession in the US. Due to bad loans and shady deals the housing market has been on the rocks for the past year prompting the Federal [...]
Slowdown in the Real Estates Business
13 January 2010The rate homes are sold have indeed slowed down due to more predictions of instability with concern to Mortgage Interest rates where the Federal government has had to step in to prevent chaos. This has become evident on the markets for new home sales have slowed quite considerably and that listing times have also become [...]
Homes, now cheaper than Ever
25 August 2009If area is taken into account, the current home prices in the US are at the lowest levels in many years and that goes for all the levels of the spectrum. The realty business has relied on the price/square foot metric to avoid the influencing of house sizes on pricing trends. The prices per square [...]
Mild Development Spending Rises
8 May 2009Mild improvements in development spending has been noted in the US which may signal a slight improvement in the overall commercial real estate business. Many development projects have been put on hold as the economy slid into recession with millions losing their jobs in the construction industry. The effects of the economy has reached far [...]
UK – Big Trouble Ahead
8 April 2009The recession’s effects is circling the globe and people are feeling the pinch, nut what about the countries who have been blamed for the whole mess in the first place. Two of the richest countries in the world, the US and UK are both feeling the effects pf the recession with both suffering in terms [...]
