Home prices in these 10 cities will appreciate handsomely over the next decade.
With home prices at the national level down a painful 32 percent from their 2006 peaks, it’s easy to overlook real estate’s benefits as a long-term investment. But the truth is, despite the ongoing housing bust, the overwhelming majority of America’s real estate […]
Archive for June, 2009
The Markets. Rates on home loans fell last week. Freddie Mac announced that for the week ending June 18, 30-year fixed rates averaged 5.38%, down from 5.59% the week before. The average for 15-year fell to 4.89%. Adjustables fell as well with the average for one-year adjustables decreasing to 4.95% and five-year adjustables falling to […]
We go into the summer season with many questions. We know the economy is no longer free falling, but will it actually turn around or will we just stagnate for the time being? In the real estate market there is plenty of excess inventory to work off. On the other hand, wholesale inventories have fallen […]
With prices down, small investors in commercial property are returning to the market searching for properties to buy, says Dana Brody, a practitioner with Grubb & Ellis in Los Angeles. Brody says even though there are some eager buyers, the market remains slow because buyers are holding out for better deals and few sellers are […]
High Gas Prices Could
Slow Recovery
by Clifford Krauss
Tuesday, June 9, 2009
provided by
After just a few months of relief at the pump, cheap gasoline is disappearing.
Gas prices have risen 41 days in a row, to a national average of almost $2.62 a gallon. That is a sharp increase from the low of $1.62 a gallon that prevailed […]
Best Places to Live 2009
Luke Mullins
On Tuesday June 9, 2009, 9:38 am EDT
Buzz up!
With the decade winding to a close, Americans have grown increasingly reluctant to gas up their moving vans. Last year, the Census Bureau’s national mover rate–which represents the percentage of Americans 1 year and older who moved within the past year–hit […]
Do Energy Audits Work?
The picture above is of an air conditioner on top a 60 year
old building that serves an office no bigger than 3000 square feet. The picture only shows a portion of the air handler I’m inspecting here, because the entire unit was too large to fit into the picture. Now, imagine this giant unit sitting […]
HUD $8000 Tax Credit Rules Revised
May 30, 2009 ·
HUD News Release
May 29, 2009
HousingZone
WASHINGTON – Speaking to the National Association of Home Builders Spring Board of Directors Meeting, U.S. Housing and Urban Development Secretary Shaun Donovan today announced that the Federal Housing Administration (FHA) will allow homebuyers to apply the Obama Administration’s new $8,000 first-time homebuyer […]
