Job openings rise 7.6% The Labor Department has said the number of job openings in January rose 7.6%, to 2.7 million, compared to December; this is the highest total since February 2009. Analysts say as many as 300,000 jobs may be added in March, a four-year high, giving rise to a hope of sustained employment… Read More
Mortgage Rates Predicted To Go Up
January 30, 2010 By Leave a Comment
Yesterday, I attended the Windermere Kick-Off breakfast. The highlight for me was listening to real estate economist, Matthew Gardner. This proved to be very valuable since I do a lot of business in the Bonney Lake, Lake Tapps, Buckley, Puyallup, Sumner and surrounding areas and I want to stay current with the real estate market… Read More
Home Owners Tax Credit News Update
January 20, 2010 By Leave a Comment
As you know, The original $8000 tax credit was just good for first-time home buyers and was slated to end on Nov. 30. But Congress extended the credit to include contracts signed by April 30 and closed by June 30. It also made a refund of up to $6,500 available to existing homeowners looking to… Read More
Desperate Government… | The Cynical Economist
September 6, 2010 By Leave a Comment
Just few more examples of how desperate is the government for income… From The Seattle Times – $10 an hour with 2 kids? IRS pounces Rachel Porcaro knows. … Wayne Flanagan, a real estate agent who specializes in bank-owned properties around Atlanta, said the sales numbers reflect a real estate market dominated byforeclosures, bank-owned properties and short sales (in which a homeowner sells to avoid foreclosure) — all of which depress values. …
PropertyNewsUpdates: [KnightNews] Business Times: US apartment …
September 6, 2010 By Leave a Comment
‘Overall, the US apartment market remains in uncharted waters with vacancies at high levels historically, amid continued job losses and a glut of housing for rent and for sale,’ Gleb Nechayev, CBRE-EA senior economist, said. … Markets such as Austin, Baltimore, Boston, Chicago, Denver, Los Angeles, Seattle, San Diego, and Washington DC have reported more occupied than vacant apartments. Landlords in those cities offered rent concessions to lure tenants or keep existing …
