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Archive for the 'Property/Real Estate' Category
Washington DC -June 22-Existing-home sales remained at elevated levels in May on buyer response to the tax credit, characterized by stabilizing home prices and historically low mortgage interest rates, according to the National Association of Realtors®. Gains in the West and South were offset by a decline in the Northeast; the Midwest was steady.
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Washington DC -June 2- Pending home sales have risen for three consecutive months, reflecting the broad impact of the home buyer tax credit and favorable housing affordability conditions, according to the National Association of Realtors®.
To read more, CLICK HERE
Washington DC -May 25- Over half of Wisconsin’s Congressional representatives have gone on record to support efforts to remove the gray wolf from the list of endangered species.
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Washington DC -May 24-Existing-home sales rose again in April with buyers motivated by the tax credit, improving consumer confidence and favorable affordability conditions, according to the National Association of Realtors®.
To read more, CLICK HERE
Washington DC -May 4- The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in March, rose 5.3 percent to 102.9 from 97.7 in February, and is 21.1 percent above March 2009 when it was 85.0; this follows an 8.3 percent increase in February.
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Washington DC - April 15 - The Obama Administration released questions for public comment on the future of the housing finance system, including Fannie Mae and Freddie Mac, and the overall role of the federal government in housing policy.
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Washington DC - April 13 - Secretary of the Interior Ken Salazar announced nearly $66 million in grants to enable 25 states to work with private landowners, conservation organizations and other partners to protect and conserve the habitat of threatened and endangered species.
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Washington DC - April 8 - Consumer loan delinquencies fell in eight of 11 loan categories in the fourth quarter of 2009, marking the second quarter in a row of broad-based improvement, according to the American Bankers Association’s Consumer Credit Delinquency Bulletin.
To read the entire report, CLICK HERE
Washington DC - April 5 - Economic activity in the non-manufacturing sector grew in March for the third consecutive month, say the nation’s purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business®.
To read the entire report, CLICK HERE
Washington DC - April 5 - The Pending Home Sales Index, a forward-looking indicator based on contracts signed in February, rose 8.2 percent to 97.6 from a downwardly revised 90.2 in January, and remains 17.3 percent above February 2009 when it was 83.2.
To read the entire report, CLICK HERE
Washington DC - April 5 - Payroll employment in the construction industry in March rose by 15,000, seasonally adjusted, the first gain since June 2007, according to federal employment figures just released.
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Washington DC - April 2 - Construction spending tumbled in February by $11.6 billion, or 1.3 percent, to $846 billion, a low last recorded in 2002, according to an analysis of new federal figures by the Associated General Contractors of America.
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Washington DC - April 1 - The U.S. Census Bureau of the Department of Commerce announced that construction spending during February 2010 was estimated at a seasonally adjusted annual rate of $846.2 billion, 1.3 percent below the revised January estimate of $857.8 billion.
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Washington DC - March 30 - Building on the first Housing Finance Agency Innovation Fund for the Hardest Hit Housing Markets, the Administration announced an expansion of the initiative to target five additional states with high shares of their populations living in local areas of concentrated economic distress.
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Washington DC - March 30 - Proposals by federal banking regulators to tighten restrictions on commercial real estate (CRE) lending could further exacerbate a credit crisis that is choking new home building activity and threatening the fragile housing recovery now under way, according to the National Association of Home Builders (NAHB).
To read the entire report, CLICK HERE