- 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 [...]
- 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 [...]
- 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 [...]
- 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 [...]
- Obama Promises More Low-Cost Mortgages
- President Barack Obama promised Saturday to reduce mortgage costs as a key part of his plan to improve the economy. Analysts applauded the move, saying that making low-cost mortgages widely available could stabilize housing markets and jumpstart new home construction.
- Top Companies that are still Hiring!
- Fortune recently announced the top 100 companies to work for. The good news is that 73 of these companies are hiring right now. A surprising 93 companies on the list are currently hiring for open positions - nearly 75% of them with 50 or more jobs to fill. Out of the top 20 companies with job [...]
- Good News for the Housing Market!
- The housing market received some positive news yesterday when the National Association of Realtors reported that sales of existing homes rose 6.5 % from November to December. This was especially good news because sales were expected to decline. Industry analysts and economists saw hope in the apparent pickup in housing sales and attributed the gain [...]
- New Refinance Boomlet May Lift Economy
- Record low mortgage rates are providing a small measure of stimulus to the troubled U.S. economy as borrowers scramble to refinance their home loans–a move that frees up cash to spend on other items. The Mortgage Bankers Association reports that the volume of loan applications has soared since November to its highest level in six [...]
- For Obama, Rare Chance for Bold Start on Big Task
- President-elect Barack Obama is well on his way to finding the silver lining in the economic storm he is inheriting. The two-year, $825 billion economic recovery plan taking shape in Congress includes billions of dollars for renewable energy and a national electricity grid to distribute it, lower taxes for all Americans but the affluent, computerized [...]
- Americans giving Obama extraordinary support
- WASHINGTON (AFP) – Barack Obama has attained extraordinarily high levels of public approval, according to opinion polls released Sunday, ahead of his historic inauguration ceremony as the first African-American president. A survey conducted by The New York Times and CBS News found a US public eager to give the president-elect a wide berth as he attempts [...]
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