Tuesday, May 25th, 2010
The National Association of Realtors released first quarter home price statistics for 152 metropolitan areas showing that 91 of those areas saw increases in sales prices as compared to the same quarter last year.
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Tuesday, November 24th, 2009
According to an Associate Press article, home sales rose 10.1% nationally in one month, from September of this year to October, and up nearly 36% since things hit bottom in January. The article gives the bulk of the credit for such a climb to the approaching expiration of the $8,000 tax credit offered by the federal government. Additional props are given to lower home prices and other federal programs to lower mortgage rates. During the month of October, some areas of the country reported bidding wars on properties. (more…)
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Monday, November 2nd, 2009
The US Department of Commerce released an advanced estimate of the GDP for the third quarter of 2009 on Friday. This report estimates the Gross Domestic Product (the output of of goods and services produced in the US) to be up 3.5 percent, the first increase in over a year. (more…)
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