The lost decade for Real Estate

Many things may be said about the last decade in the real estate market – that it began with falling prices and ended with rising ones, that after a serious slump in the early years a bubble might be forming in the later ones. It’s all true. But overall, it can be summed up as [...]

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Posted December 28, 2009 by ][-NooM-][ under More Real Estate

Checking the Health of the Housing Recovery

There are yet more signs that the crippled U.S. housing sector is getting back on its feet. On Nov. 23 news arrived that U.S. existing home sales jumped 10.1% in October. Homes were bought and sold at the rate of 6.1 million per year???much better than the 4.5 million rate in the beginning of the [...]

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Posted November 24, 2009 by ][-NooM-][ under More Financial, More Real Estate

Housing Still a Long Road to Recovery

The housing market may be busier, but that doesn’t mean home values are set to rebound any time soon If you’re selling your home, the good news is that you’re likelier to find a buyer now than in the last couple of years. The bad news is you should be prepared to slash your asking [...]

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Posted September 30, 2009 by ][-NooM-][ under More Real Estate

Home Depot is Higher but Fragile Hopes

Home Depot (HD) offered some encouragement to bullish investors on June 10 when the retailer raised its earnings estimates for the year. The home improvement giant also unveiled a variety of ways executives are trying to improve and cut costs in areas ranging from its supply chain to information technology and employee training. But despite [...]

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Posted August 28, 2009 by ][-NooM-][ under More Real Estate

Housing Still a Long Road to Recovery

If you’re selling your home, the good news is that you’re likelier to find a buyer now than in the last couple of years. The bad news is you should be prepared to slash your asking price. This summer, recent data show, real estate agents are busy and, spurred by low interest rates, falling home [...]

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Posted August 28, 2009 by ][-NooM-][ under More Real Estate

Investment News Briefs : New Home Sales Rise 9.6% Confidence Increases

New Home Sales Rise 9.6%; Home builders Buying Lots Again; Thrifts Report First Profit Since 2007; Air Berlin May Cancel 787 Order; German Confidence Increases; Beer Prices Rise; Dollar Tree Beats Wall Street Estimates; Vonage Stock Soars – The U.S. Commerce Department said yesterday (Wednesday) new home sales surged 9.6% to a seasonally adjusted annual [...]

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Posted August 28, 2009 by ][-NooM-][ under More Financial, More Real Estate

A Housing Recovery : Not So Fast

Stocks of home builders have had an impressive run recently, thanks to a stream of improving macroeconomic data, including home sales and consumer confidence, climbing an average of 38% since March 9. But will the recovery last? Recent gains in long-dated U.S. Treasury yields augur rising mortgage rates, while the likelihood of increasing foreclosures could [...]

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Posted August 28, 2009 by ][-NooM-][ under More Real Estate