September 30, 2009—Nearly two-thirds of single-family home builders are reporting a severe lack of credit for housing production, threatening the fragile housing recovery before it has time to take hold, according to a new builder survey of acquisition, development and construction (AD&C) financing conducted by the National Association of Home Builders (NAHB). “Across the country, home […]
Archive for September, 2009
September 29, 2009—Despite recent signs of improvement, more rough times are ahead for the U.S. economy, according to several prominent experts in real estate and the economy who attended a recent forum at the Nixon Presidential Library. “You look at the numbers and everything points to the fact that we not only have bottomed, but things […]
September 25, 2009—Nearly one in five (18%) prospective first-time home buyers said extending the $8,000 tax credit would be the primary influence on their decision to buy a home before the end of 2010, according to a Zillow survey. That would equate to 334,000 buyers from Dec. 1, 2009 to Nov. 30, 2010 – a […]
Texas improved its position on Forbes’ Best States for Business this year.
The Lone Star State ranked 8th on this year’s list, up from 9th in 2008.
The magazine ranks all 50 states based on costs, labor supply, regulatory environment, current economic climate, growth prospects and quality of life.
Business costs, which include labor, energy and taxes are […]
Despite its nasty reputation, this September has not triggered the long-awaited stock market selloff.
Though the gains certainly wouldn’t be characterized as robust, the market has more than held its own so far this month. Instead of a correction-generally defined as a 10 percent pullback-the six-month rally has largely continued.
So what happened?
Continued declines in the dollar […]
September 9, 2009—Credit Expert Eddie Johansson believes the improved FICO 08 credit scoring model will increase the credit scores of a significant segment of borrowers, but it’s not helping home buyers. According to Johansson, president of Credit Security Group, a leading nationwide credit analysis and rescoring firm, that’s because the largest sources of home financing, […]
September 10, 2009—(MCT)—A gauge of future U.S. home sales rose more than expected in July 2009 to the highest level in more than two years as first-time buyers rushed to take advantage of a tax credit that expires this fall. The National Association of Realtors recently said its seasonally adjusted index of sales contracts signed […]
September 8, 2009—House prices in the U.S. continued to depreciate in the second quarter 2009 but at a much more moderate rate compared to the fourth quarter 2008, the peak of the collapse in home prices, according to a quarterly housing valuation analysis by IHS Global Insight. Prices fell at a 2.7% annualized rate in […]
Q: What bills is Congress considering?
A: There are three health insurance reform bills being considered. The House bill has been introduced formally; one Senate bill is in draft and a second Senate bill is still being cobbled together. The Senate bills have no bill numbers attached to them.
1) The House bill, HR 3200, sometimes referred […]
Take Charge: Is Your Credit and Debt Profile Optimized?
Posted By susanne On September 3, 2009 @ 3:37 pm In Best Practices, Business Development, Real Estate, Today’s Marketplace | Comments Disabled
RISMEDIA, September 4, 2009—Whether you’re looking for ways to dig out of your financial hole or ways to avoid getting into one, the importance of actively […]
