Fed begins controversial push to revive housing market
January 10, 2012 by admin · Leave a Comment
The Federal Reserve has launched a potentially controversial push to revive the battered U.S. housing market, calling on other government officials to act after largely exhausting its own tools to support the fragile economic recovery, Reuters reports. After the Fed slashed interest rates to near zero more than three years ago and amassed $2.3 trillion [...]
This Month in Real Estate – June 2011 *Video included*
June 20, 2011 by admin · Leave a Comment
The U.S. housing market continues its gradual and uneven progress, despite the expiration of the home buyer tax credit. The remarkable rebound in housing activities from the initial drop following the end of the home buyer tax credit this past July adds to the belief that the risk of a double-dip downturn in housing may [...]
This month in Real Estate- November 2010
November 9, 2010 by admin · Leave a Comment
November 2010 . Market Update The housing market continues its gradual recovery without the aid of the tax credit. Sales are slower but growing. Although it will likely be uneven at times, slow growth is believed to be the trend moving forward. Interest rates hit a new historic low again, a major factor in helping [...]
This month in Real Estate – September
October 20, 2010 by admin · Leave a Comment
This Month in Real Estate October 2010 …………………………………………………………………………………………………………………………….. Market Update The housing market continues its slow recovery without the aid of the now expired tax credit. Sales are slower but growing, and prices remain on par with last year’s levels. Interest rates also hit a new historic low, a major factor in helping keep mortgage [...]
This month in Real Estate – August 2010
September 17, 2010 by admin · Leave a Comment
This Month in Real Estate September 2010 …………………………………………………………………………………………………………………………….. Market Update The housing market was off to a rocky start as the second half of the year began. Much of the volatility, however, was anticipated and attributed to the now-expired tax credit. Despite softened sales this last month, home prices continued to gain - thanks in [...]
This month in Real Estate
August 11, 2010 by admin · Leave a Comment
This Month in Real Estate August 2010 …………………………………………………………………………………………………………………………….. Market Update Housing activity continues to remain above year-ago levels despite some setbacks resulting from the now-expired tax credit. Improved stability in home prices with similar levels of distressed properties seen last year offers a hopeful sign the market is holding its ground. However, the economy still [...]
