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10 26th, 2011 |
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Fed Chief: Economy Slowing, but Growth A...
Federal Reserve Chairman, Ben Bernanke spoke to Congress on Tuesday noting that the job market and the overall economy has begun to weaken. Mainly due to higher energy prices, weather, the Japan crisis, and consumer confidence. Though he also noted he expects the weakness to be short-lived and...
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04 19th, 2011 |
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New Home Construction Post Big Gain...
Housing data was released today, showing an improving picture into the New Home Construction Market. Permits jumped up from Feb to March by 7.2%. Seasonally adjusted to 549,000 units. This indication of future construction helped improve confidence among builder, from February lows. The permit numbers...
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04 11th, 2011 |
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Shrinking the McMansion...
Bigbuilderonline.com has posted a great article about the shrinking of the McMansion to a more normal sized. In our super-sized world, where everything that is bigger is better, housing fell victim to the same mentality…it was as simple as well “I can buy a bit bigger, for only a little more...
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03 14th, 2011 |
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New Homes vs. Foreclosure Part 2...
Last week we talked a little about the truth about buying a foreclosure. I wanted to continue with same idea and post some additional items buyers tend not to consider when they are only price focused. “Foreclosures” and “Short Sales” do not offer special financing, which most...
New Homes vs. Foreclosure...
New Homes Magazine wants to provide a home buyers a guide for buying a new home. Currently there are so many items to consider when purchasing a home, that sometimes things get lost and you can end up biting off a bit more than you can chew, if you don’t consider all the costs and opportunities. Today...
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02 28th, 2011 |
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Home Builders See Markets Improving...
Published: Monday, 28 Feb 2011 | 12:36 PM ET By: Diana Olick CNBC Real Estate Reporter Last week the Realtors were on the block, criticized for overestimating the number of existing home sales in 2010. They admitted there were some issues with their “benchmarking,”...
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02 28th, 2011 |
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Pending Home Sales Post Decline in Jan. ...
Pending Home Sales Decline in January Source: BigBuilderOnline.com By BB Staff The National Association of Realtors Pending Home Sales Index (PHSI) fell 2.8% in January from a downwardly revised December reading, the group said Monday. Drops in the Northeast, Midwest and West offset a modest gain...
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02 7th, 2011 |
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Pulte Group Defends Centex Merger...
Pulte Homes announced earnings on Friday, and CEO Richard Dugas defended the big merger with one time rival Centex Homes. Centex had a substantial land position, and brand making it desirable for Pulte Homes to absorb. Pulte Homes previous earnings results have some analysts questioning when profitability...
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01 24th, 2011 |
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December Home Sales Rise...
C.A.R. Reports California Home Sales Rise in December, Posting Seven-Month Sales High Source: Business Wire Publication date: January 21, 2011 California home sales rose in December, posting their highest level since May, according...Mortgage Rates in California
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