Archive for October, 2009
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Foreign Investors Scouting US Market For Deals
By WILLIAM BOSTON | SPECIAL TO THE WSJ More than 25 years ago, when the U.S. commercial real-estate industry began to emerge from its last collapse, German investors were among the first to snap up properties at discount prices. History may be r
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Stars Are Aligned for Buyers
Stars Are Aligned for Buyers – and Time Is of the Essence Business Building by Margaret Kelly RISMEDIA, October 28, 2009—Potential home buyers are seeing a fortuitous combination of low mortgage rates, affordable home prices and the first-ti
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Diamonds In The Rough
Diamonds In The Rough "Why buy real estate now?" and "Is now a good time to buy land?" are probably the most common questions asked. The answer of course is "Yes". It's always yes and here's why. Although markets go up and markets go down-Individu
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Half of US Population Lives On Coast & Growing!
“Nearly half of the population of the United States lives along our Nation’s ocean and Great Lakes coastlines. It is projected that by 2015, our coastal population will reach 165 million. – Subcommittee Chairwoman Madeleine Z. Bordallo (D-G
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Big Rebound in Existing-Home Sales
Big Rebound in Existing-Home Sales Existing-home sales bounced back strongly in September with first-time buyers driving much of the activity, marking five gains in the past six months, according to the National Association of REALTORS®. Existi
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Housing Starts Rise
Housing Starts Rise The South shows greatest gains Housing starts rose 0.5 percent in September compared to August to an annual rate of 590,000, according to a report released Tuesday by the U.S. Commerce Department. Single-family home construc
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Roth IRAs open to wealthier Americans in 2010
Roth IRAs open to wealthier Americans in 2010 By Eileen Ambrose Baltimore Sun Higher-income taxpayers for years have been shut out of the Roth individual retirement account and could only look on with envy. But that's about to change. Next ye
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Prediction: Homes Sales to Rise 11 Percent
Prediction: Homes Sales to Rise 11 Percent Sales of existing homes will rise 11 percent in 2010, and sales of new homes will climb 21 percent over this year, Mortgage Bankers Association Chief Economist Jay Brinkmann predicted in a speech Tuesday a
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Economists Predict Recovery
Economists Predict Housing Recovery Economic forecasters predict that 2010 will be the first year since 2005 for housing to contribute to the growth of the U.S. economy, according to a survey released by the National Association for Business Econom
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10 % down yields a 1,000 % return
Homeownership Still A Good Investment The American dream of homeownership is still a good bet, financial advisors say firmly. Despite the downturn in the last couple of years, homes have still appreciated an average of 4 percent a year since Wor
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60,000 People Moving To Inner Banks Area
Military planning force has new director who's familiar with the task Sue Book New Bern Sun Journal "An estimated 60,000 people have arrived or will be arriving in the area." A new director has been hired for the civilian Military Growth Ta
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Mortgage Rates Fall Again
Mortgage Rates Fall Again Wall Street Journal WASHINGTON -- Mortgage rates fell this week, with the average rate on 30-year fixed-rate mortgages retreating deeper below 5% and several others reaching lows, according to Freddie Mac's weekly surve
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