Members: 96,827 -
1,635 Online Now
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Blog entries tagged with "economy":
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
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.
© 2007 ActiveRain Corp. All Rights Reserved 
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Marketing Lessons from the Beer Booth at the Sanford Fireworks!
2008 has been seeing property values decline along with the number of jobs and income, throughout the Country . Meanwhile price of gas, food, transportation and everything else we need to buy has increased. Many people are now in the postion that their property is worth less then the money they … (1 comments)
Last week I attended the monthly CCIM Commercial brokers marketing session and the luncheon speaker was the State of Oregon economist.
My take on the report was that Nationally we are in a recession but in Oregon the majority of our business sectors are still in year over year and quarter … (0 comments)
If it Doesn't Bleed it Doesn't Lead? Have you ever heard that term? It's a well-known term in the world of journalism.
Over the last couple of weeks, I have had a lot of visitors and a lot of phone calls. The subject always got around to the market and everybody had an opinion (you know what they say about that :-) But there was a commonality in it all. Everybody agreed that … (1 comments)
I almost didn't post this here, but did remember saying in my last post, that there would be a follow-up. So with that said, if you enjoy what I have to say here, please visit me for future updates at Marc's Corner.
I watched a financial expert on tv, while waiting for my wife to get ready for church, who stated that the only factor keeping our strong economy from recovery is the "lagging real estate market" and I was absolutely dumbfounded. The whole economy, banking, manufacturing, transportation, commodities, and all the others … (3 comments)
Starbuck's, and to a lesser degree Nordstrom department stores, have a theory and philosophy that in order to grow you capture your market by saturating that market with as many stores as possible. As a former Nordstrom buyer, the philosophy was to capture an area with multiple stores and then allow … (0 comments)
Happy Independence day!
232 Years of a Free United States. A fairly young country by most standards. We have so
much to be thankful for.
We have a difficult profession these days no doubt. But we are in a country that allows people to own property.
We live in a … (8 comments)
After responding to a previous post on gas prices and their effect on our economy and businesses, I decided to do some researching for what is coming down the pipe in the next few years as far as more fuel efficient vehicles and other alternatives. I am guessing that the majority of Inspectors drive trucks of some … (10 comments)
In my post Lucky #7, I told you that Forbes.com had found the Houston area to be one of the most recession proof cities in the nation. Circumstances have improved since that report. Houston now has the strongest economy in the nation!
The Chicago Tribune has published an article (Houston Doesn't Have … (1 comments)
In today's Real Estate market we can all get lost trying to figure out whether it's a good time to sell or buy. Economic woes, plunging home prices, forecasters, and Realtors have conflicting/confusing opinions about the best time to take advantage of the market. As a buyer, how does one determine … (0 comments)
I'm not the biggest Starbucks fan, but I was surprised to read that the company is planning on closing 600 stores (8.5% of its total stores). The article appeared on CNN/Fortune's website - http://dailybriefing.blogs.fortune.cnn.com/2008/07/01/starbucks-has-a-bitter-plan/. It looks like the economy is to blame for Starbucks misfortune, but I wonder how much of … (17 comments)
Economy and Housing Market - Alert for June 29, 2009
The Downtown DC Business Improvement District (BID) recently released its 2007 State of Downtown Report, which shows that the Downtown BID area's economy has remained surprisingly robust in the midst of international and national economic and financial hardships.
California Mortgage Rates are no different than most of the interest rates charged on home mortgages throughout the rest of the United States. It is neither the lender nor the mortgage broker that sets mortgage interest rates that will be paid on any of the numerous home mortgage loans that are … (0 comments)
The IRS increased the standard mileage deduction early this year. Instead of waiting until fall, the IRS upped the optional standard mileage deduction from 50.5 cents a mile to 58.5 cents a mile.
A new hot water community energy system has been proposed for our city. With this system, a central heating plant uses pellets, or biomass fuels to heat the water, which is then distributed to various building for space heating and domestic water heating. Two major benefits: Each building does not need … (0 comments)
The Economist reported today that the US is not the only country with housing issues at the moment. Home prices in Spain and Ireland are both experiencing an increase in inventory that they are having trouble selling off quickly enough. Home prices in Spain are still going up however, while Ireland … (0 comments)
The dire headlines coming fast and furious in the financial and popular press suggest that the housing crisis is intensifying. Yet it is very likely that April 2008 will mark the bottom of the U.S. housing market. Yes, the housing market is bottoming right now.
How can this be? For starters, … (2 comments)
If you haven't heard already you will eventually hear that the Federal Reserve for the first time in 9 months has NOT cut their interest rate. This move comes in response to the growing risk of inflation which has driven up everything from mortgage rates to the price of a gallon … (1 comments)
This is not so much real estate news, but I think it does indicate that business people around the world recognize the strength of the Orlando economy. This project you can read about in this Orlando Sentinel article is estimated to cost $200 million. We will be the first site for … (0 comments)
Merrill Lynch has released their wealth report for 2008. Here are some key findings related to real estate.
Everyone knows real estate is not in the best of conditions these days and has made things considerably tougher for homeowners trying to sell their home in the Tampa area. After taking the necessary steps to price properly and market effectively, what other options are there if buyers still aren’t knocking … (0 comments)
I'm not one to complain about receiving $600 in the mail. But when it comes down to the check I got from the government for the economic stimulus package, I would have rather not gotten it at all.
Wow- that's about all one can say when you check the results of searching the phrase "Home Equity Lines" on Google.When was the last time you were able to make significant home improvements, buy that nice -energy efficient hybrid vehicle, or move up to a high mileage vehicle and finance it … (1 comments)
Are you feeling like your clients and prospects are getting more wary about spending money? Are they taking longer to make decisions? Are you struggling to convince homeowners to purchase from you? If not, great! You are one of the lucky ones. Although "official" statistics do not yet show that consumer … (10 comments)
From the awesome Texas Real Estate Research Center come these news items illustrating my belief that San Antonio is still a stable, growing market for residential real estate:
WATERLOO REGION
It's a simple question.
Welcome to Illinois Mortgage Rates and News week in review for the week ending June 20th, my take on the week's financial news and how it affected Illinois mortgage rates.
Is it over yet? Not so long ago the big worry was that our economy was on the brink. Bad mortgages … (0 comments)
I received this Article / Update from the Beacon Council (Miami Dades Economic Developement Council). I thought it was very interesting and thought I might pass it on.
MIAMI-DADE'S UNEMPLOYMENT REMAINS UNCHANGED, AND REMAINS BELOW STATE AND NATIONAL LEVELS
The unemployment rate in Miami-Dade County in May 2008 remains unchanged at … (1 comments)
I finally had to do it. Being a single parent and trying to stay in Real Estate has been a challange. I had a part time job which is now my full time job. My dream is on the back burner but I am not done. For those in this situation … (13 comments)
This morning, my husband said, “Jan, you’ve got to real the Business Section… you’re just not going to believe it.” So I picked up The Tennesseean to see what was so newsworthy.
Reality is that when the worlds #1 consumer spending economy takes it in the chin, the rest of the world is soon to follow. As the United States has delt with one of the most severe deflationary real estate spirals in recent history, Europe and Asia have not witnessed slow downs … (0 comments)
… (0 comments)
Jim Crawford blogged about the role of inflation on the real estate market. While I agree with his analysis to a great extent, I have to add that much of the increases in commodity prices we are seeing are reflective of a weak dollar... for example, gasoline prices in Europe have … (2 comments)
Recently, I was asked by an out of state relocation company to write a summary on the economic climate of the Southeastern Michigan Real Estate Market. The Relo Company needed to legitimize the shortage on a property in inventory that received an offer of 60% less then what the seller purchased … (1 comments)
I haven't gotten mine yet, but I did get a letter saying I would be receiving it soon. Mine should be 2,200.00, not to bad!
A new government study on the strength of the US economy is a mixed bag of news. The report was introduced recently and found that November retail sales rose 1.2%. This is obviously good news for retailers anxious about the upcoming buying season. Some other good news is despite some slow … (1 comments)
It is time for buyers to buy.
Edmond has been growing at a very positive rate for over 20 years. Home sales in Edmond are still above national average, showing that Edmond can hold its own in a struggle. 
Last month 848 single family homes were sold in Salt Lake County, that's an increase of 5.47% over the previous months total. The number of homes sold has now increased in each of the last four months, going from 507 in Jan to 848 in May. My question is it too … (2 comments)
Finally, I was able to find a gas station that would sell me gas for over $4.00 a gallon. It took a lot of looking. No actually, I ran out of stations that had it for under $4.00. Many stations tried to hold the line at $3.99 for several days, but … (18 comments)
Small business owners are the heartbeat of the nation. And they are not happy. In fact, they are worried...worried sick.
In my opinion, The stimulus package proposed by the current administration is proof of the "band aide" for a amputated arm. There will need to be a new rebate check sent out every 5-6 months to get the needed results
The Federal Reserve recently published their latest issue of the Beige Book. It is available online. The following is a brief list of it's overall (national) summary findings (using data as of June 2nd):1. Economic activity remained weak since the last report. Economic activity was weak, soft, sluggish, modest in all Districts, except Philadelphia, … (3 comments)
When you're looking to invest in land, location is key. As our economy grows, land grows in value. What is worth thousands now can be worth hundreds of thousands, if not millions. in a few years time if you choose the right location.
Unlike a car, land is one thing that … (1 comments)
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 … (0 comments)
Residents of the Greater Dayton Area felt a blow this week as GM announced the closing of it's Moraine Assembly plant. Sometimes as Real Estate and Mortgage Professionals, we hear news like this and may wonder how our housing market can take more bad news. As we take a closer look, … (0 comments)
Just curious after watching her today on FOX news...twice..yes, I suffered through that twice.
If you haven't noticed already, gas prices seem to be a little high. I don't know about you, but my family and I have really adjusted our driving habits quite drastically. Everything from a simple thirty minute drive to visit family, to a summer trip to west cost is being thought about twice.
Here in … (5 comments)
Do you remember Opposite Day when you were in elementary school? Whether school sanctioned or peer imposed, as kids we would adopt an "everything is opposite" policy for fun and games. Well is it seems some have not outgrown the game, but the fun has certainly faded.
According to a number … (1 comments)
Continental Airlines announced it is grounding 67 planes and cutting 3000 jobs in response to high fuel prices.
United Airlines recently announced it was grounding 100 planes and cutting up to 1,600 jobs.
Continental's Chairman/CEO, Larry Kellner, and its President, Jeff Smisek, wrote a letter to their employees, stating that "the … (2 comments)
Drinking coffee, this morning, which I am know to do, in large quantities, and (in exactly this order) waking up which arduously follows, I sit each morning, and flip between the multitude of news channels, and mainline the information from CNBC, CNN, Fox News, ESPN (for AZ sports fans, this is … (3 comments)
My Philly Buyers and Sellers: Check out this quarterly report...PAGES 28-34.
http://www.trendmls.com/Media/MarketStats/Watch2008_q01.pdf
If you want to see other quarters from years past, send me an email with the specific request, NikkEB@aol.com … (0 comments)
Many homeowners are looking more and more at the great outdoors for a better quality of living. Outdoor living is not just a noun anymore, it's now a verb.
To Lock-A-Rate or Float-A-Rate?
To understand you must first make note of this - Floating a rate in hopes that you will be able to lock in a "great or better" rate can be very dangerous in this already vulnerable market. It is true that interest rates can be amazing one … (8 comments)
By Jeffrey Strain - The Street.com
Little amounts can make a large difference to your finances.
As gasoline and food prices continue to rise, the squeeze to make family budgets balance each month becomes more of a struggle. After the big savings have been found and taken, smaller savings have to … (0 comments)
I read in the news today that $4 billion in rebate checks has been sent out so far. That's amazing to me! I can't even fathom that amount of money.
I believe the government wants us to buy something with this money in order to stimulate the economy. I wish I … (18 comments)
High 83 Low 67 Partly Sunny and Warmer
"I think and think for months and years. Ninety-nine times,
the conclusion is false. The hundredth time I am right." - Albert Einstein
Harvey Korman - of the ‘Carol Burnett Show' and -
‘Blazing Saddles', he was 81...
Al … (1 comments)
Americans like their stuff big. We like to super size everything from our food to our homes. But now many developers in America are scaling down on home size to make homes more affordable. Years past have seen homes getting bigger and bigger as the housing market grew hotter and hotter. … (7 comments)
JP Morgan Chase is expanding it's home lending business in Washington State and will more than quadruple it's market share by the end of the year. Chase has seven branches and plans to open up four more offices this year. 
Air-Powered Car Coming to U.S. in 2009 to 2010 at Sub-$18,000, Could Hit 1000-Mile Range
In 2007, everyone stopped building homes. For that matter, they stopped buying and selling homes, too. They weren't wanted; they weren't needed; and they certainly weren't in the budget. That wasn't the case, however, for commercial structures. Offices, malls, hotels and public institutions continued to be built throughout the year. These … (2 comments)
A friend of mine mentioned to me a good idea worth mentioning here. He was watching Cramer's Mad Money a couple of weeks ago and heard Cramer interviewing Robert Toll of Toll Brothers, one of the largest housing companies in the country. They both agreed that the housing prices are the … (0 comments)
In three weeks, the Federal Open Market Committee will meet again and markets anticipate another cut to the Fed Funds Rate.
Based on data compiled by the Federal Reserve Bank of Cleveland at the close of business yesterday, traders put the probabilities of the Fed's next move at:
62 percent … (0 comments)
Since I noticed other bloggers tend to vent a little off the normal subject - I figured it was my turn.
Being raised Catholic I became acquainted with the dangers of the Seven Deadly sins -- Lust, Gluttony, Greed, Sloth, Wrath, Envy and Pride. Well, I am sure that I have been guilty of breaking all of them at some … (13 comments)
A local title agency sent us some links to real estate articles, and one of them is this article at Bankrate.com, 20 things that can alter the value of your home.
RESTAURANT COUPON - - - RESTAURANT COUPON - - - RESTAURANT COUPON
Interesting opinion piece in the Wall Street Journal this morning. The article deals with the bill in the House of Representatives and the one introduced in the Senate dealing with the foreclosure crisis.
As stated in the article by the Chair of one lender group, people who are in difficulties with … (7 comments)
If you live a day and pay attention to what's going on around you, you can't help but get depressed.
Empty houses all around across Central Florida reveal builders plight as they are being forced to drop prices even faster than homeowners. Builders unable to sell their excess inventory are hustling to dump homes at lower prices and are doing whatever they can to hurry up and unload before prices go … (0 comments)
It was a positive week for the markets, yet it had its share of not-so-positive news. This is another sign that investor sentiment about the economy is turning around, which it's been doing, with a few minor glitches, since the Bear Stearns bailout in mid-March. Just like last week, we're going … (0 comments)
You would probably have to have been living on a remote desert island for the better part of two years to not see any signs of the slowdown in the economy of the United States. Since August of 2007, the real estate market has been reeling from plummeting house prices, due … (3 comments)
Thursday, May 15, 2008
Nearly everyone I know (in every industry) has made a few nips and tucks to their personal budget this year. Amid fears of layoffs, the stock market, rising gas prices...and of course the housing market...many have decided to curtail a few luxuries for a healthier bottom line.