Good News for housing! New Home Sales actually INCREASED…. According to data released this morning by the Commerce Department, sales of new homes hit a seasonally adjusted annual rate of 307,000 in October, up 1.3% from the previous month and up 9% from October 2010. While demand is still weak — in a healthy housing market roughly one million new homes sell each year — some experts see the uptick as a sign the long-suffering new home market may be on the mend. Call me now for your New Home!
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david morton: FYI Behind Existing-Home Sales Stats - 11/16/11 07:06 AM
Behind Existing-Home Sales Stats The existing-home sales report is released on or near the 25th of each month. Behind the stats, you will find four important factors that help explain how existing-home sales are configured. Why existing-home sales are calculated on a seasonally adjusted annual rate. Seasonally adjusted annual rates are used in reporting existing-home sales data to factor seasonal variations in resale activity. For example, home sales volume is higher in the summer than in the winter, primarily because of differences in the weather and family-buying patterns in the U.S. How seasonally adjusted annual sales rates are calculated. When calculating seasonally adjusted annual rates, … (3 comments)
david morton: Email Marketing Tips to Know! - 08/23/11 01:57 PM
Email isn’t any less personal than any other form of communication. It may feel that way because, unlike a telephone or a face-to-face meeting, there isn’t any direct and immediate feedback. But your inbox is your inbox. Which means, you don’t want to spend your time sifting through hundreds of unsolicited and incomprehensible messages any more than anyone else.Which brings us to email marketing. Having a successful email-marketing campaign means putting yourself in your contact list’s shoes. If you were on the other end of the send button, would you be interested in what you are sending out? If not, it’s … (0 comments)
david morton: NC Rank Among the Strongest States as a Corporate Relocation Destination. - 08/18/11 03:22 PM
North Carolina continues to rank among the strongest states in the country as a corporate relocation destination.North Carolina came in tied at No. 5 in the nation for inbound moves to the state for corporate relocations after recording an 18 percent increase in the number of people who moved to the state in 2010. The number of outbound moves increased nearly 6 percent compared to the year prior.North Carolina recorded 3,501 “move-ins” in 2010, compared to just 2,411 “move-outs,” meaning that about 57 percent of total corporate relocation activity was inbound.It was the 10th consecutive year that North Carolina achieved inbound … (0 comments)
According to the recent investor survey, “In the next two years, real estate investors are expected to outnumber traditional homebuyers in their local markets by three to one, and 56.5 percent plan to put their investments to work as rental properties.” Local markets with universities or colleges can be an attractive option for many local real estate investors. Housing demand in college towns is generally high and vacancy rates are usually low. Combine the supply and demand ratio with rising admissions and the five percent rise in rental rates expected by the end of the year, and rental property … (0 comments)
david morton: 13 Extra Costs to be Aware of Before Buying a Home - 03/27/11 12:07 PM
13 Extra Costs to be Aware of Before Buying a Home "The last thing you need are unbudgeted financial obligations cropping up hours before you take possession of your new home." Whether you're looking to buy your first home, or trading up to a larger one, there are many costs - on top of the purchase price - that you must figure into your calculation of affordability. These extra fees, such as taxes and other additional costs, could surprise you with an unwanted financial nightmare on closing day if you're not informed and prepared. Some of these costs are one-time fixed … (4 comments)
david morton: Home Improvement Tips to Increase the Value of Your Home - 03/25/11 10:51 AM
Home Improvement Tips to Increase the Value of Your Home Buying a home may be a dream, but the initial purchase is only the introduction to that dream. There's always something about your house that could be a little better, a little closer to perfect. Now, with a little planning, you can bring your home closer to your dream of perfection. Reasoning Your Redo Many home improvement projects begin with someone in the household saying, "Wouldn't it be nice ...?" What follows may be a wish for a remodelled kitchen or a room addition with space to accommodate every family member's … (3 comments)
If you pay attention to what’s talked about, blogged about, written in newspapers, etc., you’ll never know what to think about real estate. You will be paralyzed by the mixed messages from media sources whose primary focus is not to inform, but to attract readers or subscribers so that they can collect advertising dollars.
For every article you read or news report you watch that says now is a good time to invest, you … (0 comments)
david morton: Moving To Charlotte? Just moved here? Well, bless your heart - 12/01/10 10:07 PM
If you've come to Charlotte from outside the South, you're looking at more than just a change of address, my friend. You're potentially looking at a new way of life. Of course, there are lots of places here where you can't swing a snake without hitting someone from New Jersey, Ohio or California, and many neighborhoods feel about as Southern as a snowmobile trail. But just a few exits down the interstate in any direction, and you'll quickly realize you're a long ways from home. The kudzu will be the first clue. The roadside stand selling boiled peanuts will be your … (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
New Townhomes Near UNCC … (2 comments)
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