How the Treasury Curve Works? The Treasury Yield Curve is another economic indicator that should be watched closely as it is likely to impact both the real estate and economic recoveries. The Treasury Yield Curve can be defined as the gap between the short-term treasury rates and the long-term rates. The United States Government funds […]
How Will $4.00 per Gallon Gas Affect the Real Estate Recovery
How Will $4.00 per Gallon Gas Affect the Real Estate Recovery This is a good article to cut and paste and send to all of your sellers. Many experts expect gas prices to be at $4.00 per gallon by Memorial Day and possibly approach $5.00 per gallon by year end. Their rationale for this dramatic […]
Now We Get to Worry About Geo-Political Risks Too
Now We Get to Worry About Geo-Political Risks Too Turmoil in the Middle East. Protests in Tunisia led to the government collapse, while Egypt called out the military in response to 12 days of rioting by Egyptians seeking to oust President Mubarak and his regime. Flight to Safety Geo-political risks in the Middle East pushed […]
Existing Home Sales – OUCH!
Existing Home Sales – OUCH! Ugly Ducklings become Beautiful Swans New home sales once again showed an annual decline in 2010 much as they did the previous year. New home sales totaled 321,000 units in 2010, a 14.4% decline from the 375,000 that sold in 2009, according to the US Department of Commerce. Compare this […]
Inflation? It’s Here!
Inflation? It’s Here!! Inflation Poses Greatest Risk of More Losses for Sellers Waiting With the Economy having struggled this past year with near 10% unemployment, excessive deficit spending, and a sluggish housing recovery, the last thing skittish investors want to worry about is Inflation. It’s TOO Late!! It’s already here. Except for investors who stockpiled […]
Unemployment, the Cold Hard Truth
Unemployment, the Cold Hard Truth According to the Bureau of Labor Statistics 8.5 million jobs have been lost during the recent recession including: – 1.5 million in construction – 2.1 million in manufacturing – 1.1 million in clerical and administrative In a speech to the Senate Budget Committee on the state of the economy, Federal […]
Foreclosures, Turning the Corner
Foreclosures, Turning the Corner Data released this week by California-based Realty Trac indicate that foreclosure activities are improving. Nationally, foreclosure rates were down 26% December 2010 vs. December 2009, and down 2% from November to December. Florida is one of the highest states nationally in foreclosure activity and Florida’s rate was down 53% December ‘10 […]
Foreclosure Data Mixed for 2011
Foreclosure Data Mixed for 2011 Send this information to your seller clients and Sphere of Influence. It will encourage them to seek further information from you. Most recent data from the Office of Thrift Supervision indicates approximately 1.2 million homes are in the foreclosure process. This represents a 10% increase from one year ago, but […]
Stock Market Success Bodes Well for 2011
STOCK MARKET SUCCESS BODES WELL FOR 2011 This is great information to share with your Sphere of Influence as it will have a positive effect on real estate in 2011. The Stock Market recently finished one of the strongest December’s ever to cap a powerful four month rally. Consider the following: The Dow Jones Industrial […]
Census Shows Tremendous Opportunities in Real Estate
Census Shows Tremendous Opportunities in Real Estate For those of you who think the real estate industry is dead, consider the following: United States– The population of the United States increased in the past 10 years by almost 10% and is now at 308 million people. At 2.4 persons per household (or home), there should […]