Ar_home_b_search
 



housing market: What Do The Economy, Musical Chairs and Oceanliners Have in Common? - 10/05/10 10:01 AM
Rates nosedived last week - anybody know why? 
Because no fewer than 9 of the FOMC Federal Reserve Presidents spoke about the Economy, the Federal Reserve Balance Sheet and QE2... and they all contradicted themselves.
One of the commentaries I read suggested that as Investors, and money worriers (not consumers anymore are we?) we are all carefully playing a game of Musical Chairs... waiting to see when the music stops, and only concentrating on what's happening in our little circle.
But the Stock Markets, the G4, the Gold Markets and yes, even the Housing Markets are all connected Globally. "World … (4 comments)

housing market: What Do You Tell Customers - With Current Economics? - 06/07/10 10:50 AM
I'm writing this as much for myself as I am anyone else... I am an Economics junkie - always have been.
With the lower than expected jobs numbers released last Friday, there are really smart folks who think the numbers might actually be off because of some complicated seasonal adjustments /equations. They could be right, but the seasonal adjustments are not so far off as for the jobs numbers to be completely ignored.
To me, the more interesting numbers, are the Daily Growth Index (started in 2004) and the Bureau of Economic Analysis (used by the White House).  Unlike jobs numbers … (24 comments)

housing market: Do We Need The $8000 Tax Credit Extended? A Comprehensive View - 10/22/09 11:30 AM
I've just spent several hours reading about the Economy and here's what I've come up with (Sorry it's so long):
The Fed Released the Beige Book, on October 21, 2009.  It begins with this statement:
"Reports from the 12 Federal Reserve Districts indicated either stabilization or modest improvements in many sectors since the last report, albeit often from depressed levels. Leading the more positive sector reports among Districts were residential real estate and manufacturing, both of which continued a pattern of improvement that emerged over the summer. Reports on consumer spending and nonfinancial services were mixed."
Well, that's not too surprising … (42 comments)

housing market: Unemployment and the Recession Have We Hit Bottom? - 09/04/09 09:33 AM
In an interview with CNBC this morning, Nouriel Roubini, a leading Global Economist, speculated that today's job numbers, though dismal - could be setting us up for a U shaped recovery.  
This is interesting, as others on CNBC this morning, also speculated that we've hit the bottom, and are due for a bounce upwards.
In fact, according to the Bureau of Labor Statistics:
"Although job losses continued in many of the major industry sectors in August, the declines have moderated in recent months."
What this means for the Immediate Housing Market:  Fortunately, or Unfortunately, housing has ALWAYS been tied … (10 comments)

 
Eleanor Ambassador_large

Eleanor Thorne 919-649-5057 Cary Mortgage Loans

Cary, NC

More about me…

Steve Thorne NC Mortgage Experts

Address: 111 Corning Road, Suite 230, Cary, NC, 27518

Office Phone: (919) 649-5058

Cell Phone: (919) 649-5057

Email Me

Web Analytics

Clicky



Listings

Links

Archives

RSS 2.0 Feed for this blog

Find NC real estate agents and Cary real estate on ActiveRain.