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Keeping you updated on the market! For the week of March 8, 2010 MARKET RECAP We warned last week that weather could play a role in the upcoming week's housing data. Sure enough, it did. In fact, the sometimes harsh, if not at least irritating, weather did a number on pending home sales for Jan...
03/07/2010
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Keeping you updated on the market! For the week of March 1, 2010 MARKET RECAP It appears the trend is no longer our friend, at least when looking at recent data on new and existing home sales. New-home sales, in particular, have had a rough go of it, though not as rough as January's showing, ...
03/01/2010
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Keeping you updated on the market! For the week of February 22, 2010 MARKET RECAP There is something about the calendar flip from December 31 to January 1 that imbues a “clean slate and a new start” mentality. For some ingrained psychological reason, a new year tends to rejuvenate optimism, e...
02/22/2010
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Keeping you updated on the market! For the week of February 8, 2010 MARKET RECAP To belabor the obvious, all real estate is local, so parsing the national data can be of limited use. That said, homebuyers nationally returned in greater numbers at the end of last year, according to the NAR and...
02/07/2010
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Keeping you updated on the market! For the week of January 25, 2010 MARKET RECAP We knew changes in FHA-insured loans were coming. Now it appears they are almost here. Last week, the FHA said it would tighten loan requirements on loans it insures. Specifically, it would raise the MIP to 2.2...
01/23/2010
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Keeping you updated on the market! For the week of January 11, 2010 MARKET RECAP The first full week of the new year wasn't one of the more encouraging weeks. It began with a dour report on pending home sales, which tumbled 16% in November, raising concerns among many economists that the hous...
01/10/2010
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Keeping you updated on the market! For the week of January 4, 2010 MARKET RECAP Is it better to get it right or get it fast? Most of us would prefer the former, though there are some who appear to prefer the latter. To wit, “Bad News for Housing: Prices Flattening” was the headline for a rece...
01/03/2010
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Keeping you updated on the market! For the week of December 28, 2009 MARKET RECAP It hasn't officially been declared over, but it's becoming apparent the economy has emerged from its longest recession in decades. A string of stronger-than-expected data releases has prompted many economists to...
12/27/2009
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Keeping you updated on the market! For the week of December 14, 2009 MARKET RECAP “It's getting better all the time” is the key refrain to the Beatles' song Getting Better. That sentiment would have been foolish if it had been sung this time last year. Today, though, it appears to hold true, ...
12/19/2009