economy: Tax Credit Would Get Buyers Off Fence - 06/09/08 05:43 PM
An article from Realtor Magazine Online, reports that the National Association of Realtors told Congress last week a temporary tax credit would be the best incentive to move hesitant home buyers into the market. According to the NAR, the tactic has been successful before; A 1975 temporary tax credit helped to “clear an
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economy: Home Sales, Prices Seen Rising in Late '08 - 05/23/08 11:18 AM
An article from Realtor Magazine Online, reports that according to NAR Chief Economist Lawrence Yun, home sales have stabilized over the last seven months and should increase slightly in the second half of 2008. He added, "I believe 2008 will be the year when we have to clean up and recover from
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economy: Big-City Home Prices Are Faring Well - 05/23/08 10:51 AM
America's largest downtowns have become some of the best places to hide during the housing downturn. Here's a rundown of home-pricing trends in the central core of a sampling of the country's largest cities:
Chicago The city's prized Gold Coast neighborhood had record sales prices in the last year, but bargains
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economy: 80121 ZIPs to No. 1 in market - 05/13/08 09:32 AM
An article from the Rocky Mountain News, reports that the area of the 80121 ZIP code, which includes parts of Cherry Hills Village, Greenwood Village and Centennial, showed the greatest appreciation of home prices during the first quarter. According to data compiled for Rocky Mountain News by California-based DataQuick, a company that
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economy: Realty Viewpoint: Show HomeBuyers How Rewards Outweigh Risks - 05/13/08 09:27 AM
An article from RealtyTimes.com, reports that Americans have been scared by economists that housing still has a long way to go before it hits bottom, which puts the housing industry in a tough spot. Realtors, builders and sellers need to convince buyers that now is a good time to buy. Also, the
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economy: Expert Predicts Housing Market Bottom Next Year - 05/07/08 04:24 PM
A story from cbs4denver.com, reports that John Covert of Greenwood Village-based Metrostudy said of Denver area housing, "The best way to look at this is that we know we're going to come out of this eventually." When it comes to the housing market, the Denver metro area is as diverse as any in the
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economy: Be a Real Estate Expert…on the Economy - 04/08/08 11:06 AM
Commentary by Margaret Kelly RISMEDIA, April 8, 2008-It wasn't that long ago that being experts on local real estate was enough to propel many great agents to the head of the pack. But these days, that simply isn't enough. You also have to understand-and be able to explain-broader economic realities. In the current
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economy: Record Job Losses - 04/07/08 09:58 AM
From The Mortgage Market Guide, a record was broken on the job front last Friday as the Labor Department reported a much worse than expected loss of 80,000 jobs in March - the greatest jobs loss reported in five years. In addition, revisions to both January and February's Jobs Report delivered an
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economy: Economy steadies in metro Denver area - 04/03/08 10:03 AM
Economy steadies in metro area, an article from The Denver Post, reports that according to a monthly economic summary from the Metro Denver Economic Development Corp, Metro Denver's economy is holding its ground, but falling home prices, rising inflation and the national slowdown are weighing on it. Patricia Silverstein, an economist
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