Home > The Good Life > 2009 > February

Archive for February, 2009

10 Most Stable Housing Markets
Again, 4 of Bluegreen Communities®’ housing markets were represented when PMI Mortgage Insurance Co.  <http://www.pmi-us.com/> released its rather bleak first quarter 2009 Economic and Real Estate Trends Report <http://www.pmi-us.com/> , earlier this month, they included a list of the 10 most stable housing markets among the 50 largest metropolitan statistical areas (MSAs) in the nation. PMI’s [...]
Posted in Mortgage Rates, Top Housing Markets |
Video Tours Online
Many property owners have turned to online videos to take advantage of the Internet’s influence. In fact, ABC News featured a story on Good Morning America’s On the Front Lines American Housing on 02/19/2009 showing the increasingly creative ways sellers are presenting their homes to prospective buyers on the Internet. Of note is the level of [...]
Posted in Land Buying Advice |
The Healthiest Housing Markets for 2009
Six of Bluegreen Communities®’ active markets were recently named “The Healthiest Housing Markets for 2009″ by Hanley Wood Market Intelligence. Here are the specifics: With most economists and builders expecting a national market decline this year, this may not seem like the best time to be selecting the “healthiest” markets in the country. Virtually every market was [...]
Posted in Homebuilder Resources, Top Housing Markets |
Raleigh #6 Housing Market in the Nation
Another state capital with multiple universities, Raleigh was still adding jobs at a 1.9 percent annual rate though the third quarter of last year. With a population of more than 1 million, it also has one of the highest rates of population growth of any top metro market in the country over the last five [...]
Posted in Top Housing Markets |
Credit Market is Thawing
Credit is beginning to open up for well-run companies. Cisco was the latest company to take advantage of improving credit markets and lower interest rates.  Cisco raised $4 billion yesterday by selling bonds, a significant boost for the economy.
Posted in U.S. Economy |
Administration unveiling bailout overhaul
The Obama administration has promised to aggressively combat the current financial crisis and just unveiled a program that could mobilize well over $1 trillion in public and private support to get the frozen credit markets functioning again. Treasury Secretary Timothy Geithner said Tuesday the new plan would bring the full force of the federal government to [...]
Posted in U.S. Economy |
Buying a home is still the best place to put your money
Seventy-three percent (73%) of voters now say buying a home is still the best investment most families can make, despite the continued instability of the U.S. housing market. The new Rasmussen Reports survey marks a 10-point jump in confidence in home buying since early December when just 63% said a home was the best investment [...]
Posted in Top Housing Markets |
Proposed $15,000 Homebuyer Tax Credit
:  The best news for the housing market is the Senate’s proposed changes to the Home Buyer tax credit.  The senate’s proposal would more directly impact the upscale home market.  While the House’s version of the tax credit would have been good for the economy by targeting first time homebuyers, the senate’s proposal affects buyers [...]
Posted in Tax Credits |
Pending home sales post increase of 6.3 %
The National Association of Realtors says pending U.S. home sales rebounded in December, as buyers snapped up properties at deep discounts, especially in the South and Midwest. The trade group said Tuesday its seasonally adjusted index of pending sales for preowned homes for December rose 6.3 percent to 87.7 from an upwardly revised November reading [...]
Posted in Top Housing Markets, U.S. Economy |
Citibank Plans to spend bulk of TARP money on boosting the housing market
Citibank announced this morning how they plan to spend $36.5 billion of the TARP money the received to aid the economy.  The good news for the housing market is that the bulk of that $36.5 billion is earmarked for the housing industry! They have set aside $27.5 billion to aid the residential housing market, with [...]
Posted in U.S. Economy |