Archive for 'Sales'
Reverse Mortgage Supplemental Retirement Financing Strategy
13 August 2008Image Source: www.bestsyndication.com
A reverse mortgage is a loan for senior citizens. It is often used to cover medical expenses, and is becoming a common way for retired persons to supplement their existing monthly retirement income.
This is a loan that senior home owners may take against their current home. You don’t need to pay monthly [...]
The Real Estate Business isn’t doing bad!
1 June 2008The National Association of Realtors, in it’s recently concluded annual conference challenged it�s members with an important task this year. The association through its president has announced dismay over the tons of bad publicity the Real Estate business has been getting these past few months due to fluctuating interest rates on mortgages. Many media people [...]
Sale of Vacant homes Hits Record High
29 April 2008The Census Bureau in a report has shown that the volume of vacant houses that are coming up for sale is at a high of 2.9% of all US homes and that figure excludes rental properties. The last highest level was recorded way back 1956 and the figures are sending shivers to homeowners as they [...]
Vacation homes and Investment Properties - Strong and Steady
5 April 2008The movement may be slow but the investments and purchases of vacation homes and other luxury properties by foreigners continue to maintain momentum. This is providing just enough juice to prevent the hose sales market wheels from grinding to a complete halt which would mean the loss of hundreds if not millions of jobs in [...]
House Sales - Where?????
29 March 2008House sales remain low if not stagnant due to problems in all avenues of the business sector. Inflation brought about by excessive expenditure into the two wars the US is part of, the ailing economy that has already dug deep into their reserves, and many more issues such as with insurance and others continue to [...]
More Jobless - Less Houses
21 March 2008Market analysts are seeing dip in house sales due to the rising number of people who are loosing their jobs. Industries are being forced to lay-off personnel to maintain their operations and stay through the rut in the economy. Most have the word of their employees of re-employment when things get better. The forecasts are [...]
New Home Sales at Lowest Levels
9 March 2008New home sales are at their lowest points in 13 years and the economic slowdown has further affected the usually booming new house market. Mortgage lenders are expected to come up with more than 20 billion dollars in funds to cover losses. The effects would be long lasting as analysts expect the shake down market [...]
House Market - Down in the Gutters?
25 February 2008House 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 [...]
