ARCHIVED BLOG POSTS
2009
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The Federal Reserve's "Beige Book" report, released Wednesday, points to housing as a bright spot in the economic landscape and applauds banks that lent to first-time homebuyers.It calls commercial real estate a consistently weak sector, weighed down by business closures and the difficulty in ref...
10/23/2009
A free Multi-Cultural Festival will be held Saturday from 10 a.m. to 3 p.m. along Main Street between Riverside Drive and Second Street. The festival will include about a dozen booths offering international food, handmade crafts from different countries, entertainment, children's crafts and a gen...
10/22/2009
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Most economists and Ben Bernanke believe that the recession is over. In addition, the "pending sales index" has increased for seven consecutive months, the first time that has occurred since the index was started in 2001. Although both of these pieces of information sound great, and they are go...
10/18/2009
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More than 80 percent of new single-family homes have at least two bathrooms, which occupy an average of 300 square feet of floor space, or 12 percent of the total area, according to a study by the National Association of Home Builders.The home builder's study reports a major return on value for ...
10/11/2009
Pending home sales have increased for seven straight months, the longest in the series of the index which began in 2001, according to the NATIONAL ASSOCIATION OF REALTORS®.The Pending Home Sales Index, a forward-looking indicator based on contracts signed in August, rose 6.4 percent to 103.8 from...
10/01/2009