Archive for 'News'

Credit System Overhaul

10 August 2010

The economy slowing is not helping either which is barely holding off a new ‘recession’. The government’s spending outside and internally is straining the financial resources of many and frequent rate cuts which the government does to prevent such a disaster from happening cannot go on for too long. The future for the housing market [...]

Treasury Department : Pre-emptive padding for the Economy

10 July 2010

The 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 2010

The 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 [...]

Martha’s Vineyard Remake

29 May 2010

In hopes of staving off the housing crisis’s effects on the exclusive resort town, property owners have resorted to converting luxury hotels into luxury condominiums instead. The lower premiums and costs associated with the move is lower than what would be expected of luxury homes and is expected to take them well into the time [...]

House buyers are waiting…..and waiting….and waiting….

25 April 2010

Market 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 2010

As 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 [...]

Weak Housing Market

17 February 2010

The weak housing sales market is still dragging the US economy down even after several tax cuts by the Federal Government in order to help the industry and investors. Looses are predicted with many laying back on future developments till the industry stabilizes itself and the economy gets better which could be a sure sign [...]

Slowdown in the Real Estates Business

13 January 2010

The 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 [...]

Federal Assistance

13 December 2009

Federal assistance is being worked out for homeowners, banks and other financial institutions hit by the market slump. The president’s acknowledgment of a need for some fixing for the financial institution is a sure sign of helplessness for the Federal reserve might be at an edge as far as economic stimulus goes. They have interfered [...]

Stimulus Package, Where????

5 November 2009

The stimulus package the Fed has injected into the economy has done little and people are feeling the crunch. Saving on all they could and prompting them to follow closely their spending. The dollar has maintained a stable hold, just barely as the effects of the housing crisis affects world markets. When will the problems [...]

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