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June 2009 - Posts
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This week is a short one with the markets closed this Friday for holiday. Last week was a busy one and we had mixed results. Existing homes were up 2.4% which is good, but that was below expectations. Inventory is down as well to 9.6 months versus 10.1 Read More...
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Sales of previously occupied homes rose modestly from April to May, the third monthly increase this year, but signs of a housing recovery are fragile at best. The National Association of Realtors said Tuesday that home sales rose 2.4 percent last month Read More...
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Interest rates experienced a turbulent five days last week. The week started off well reversing some of the losses from the previous three weeks, but ended badly giving back all the gains. Concern over the US debt continued, as we attempt to "buy" Read More...
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I have the pleasure of being able to start your morning off with some good news. Interest rates stopped their relentless climb late last week and actually declined slightly. We are still significantly off the lows of 2009, but I'll take what we can Read More...
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June 2009 Su Mo Tu We Th Fr Sa 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 The Knolls at Crofton Village, Crofton - We invite everyone to visit our open house at 2403 Hamden Court on June Read More...
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June 2009 Su Mo Tu We Th Fr Sa 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 Woodholme, Pasadena - We invite everyone to visit our open house at 8079 Woodholme Circle on June 21 from 1:00 PM Read More...
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June 2009 Su Mo Tu We Th Fr Sa 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 Country Club Estates, Glen Burnie - We invite everyone to visit our open house at 107 Old Farm Court on June 13 Read More...
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June 2009 Su Mo Tu We Th Fr Sa 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 Country Club Estates, Glen Burnie - We invite everyone to visit our open house at 107 Old Farm Court on June 14 Read More...
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Mortgage rates continued their relentless three week climb and are now approaching 6%. While we have been getting better economic news of late, nothing should be causing the sustained and prolonged increase in rates that we are seeing. The market is absolutely Read More...
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RISMEDIA, June 10, 2009-The Deloitte Consumer Spending Index declined again in May, driven downward primarily by the housing market. The Index attempts to track consumer cash flow as an indicator of future consumer spending. “The year over year Read More...
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RISMEDIA, June 10, 2009-Everyone has become more concerned about their credit scores these days, especially when a better score can result in lower credit interest rates and payments saving thousands of dollars from interest. With this in mind, many consumers Read More...
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June 2009 Su Mo Tu We Th Fr Sa 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 Seven Oaks, Odenton - We invite everyone to visit our open house at 114 Leeds Creek Circle on June 14 from 12:00 Read More...
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RISMEDIA, June 4, 2009-With the passing of an $8,000 tax credit for first-time buyers, much has been made about the great opportunity available to those who have never owned a home. Yet, the reality is that today’s market offers just as many advantages Read More...
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June 2009 Su Mo Tu We Th Fr Sa 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 Millrace, South Gate - We invite everyone to visit our open house at 602 Grain Court East on June 7 from 12:00 PM Read More...
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RISMEDIA, June 4, 2009-(MCT)-Generation Y is getting jazzed about a new $8,000 federal tax credit for first-time home buyers- jumping at the opportunity to move up and out of their rentals. “The last 90 days I’ve seen it go crazy,” Kevin Read More...
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Interest rates got hammered last week over concerns of inflation. The government's stimulus package is designed to "spend" our way out of the current recession and it seems to be working. The Obama Administration has so far spent over one Read More...
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June 2009 Su Mo Tu We Th Fr Sa 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 Country Club Estates, Glen Burnie - We invite everyone to visit our open house at 107 Old Farm Court on June 6 from Read More...
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June 2009 Su Mo Tu We Th Fr Sa 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 Country Club Estates, Glen Burnie - We invite everyone to visit our open house at 107 Old Farm Court on June 7 from Read More...
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June 2009 Su Mo Tu We Th Fr Sa 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 Curtis Heights, Brooklyn Park - We invite everyone to visit our open house at 4202 3rd Street on June 7 from 12:00 Read More...
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RISMEDIA, June 2, 2009-(MCT)-Not so long ago, Americans retired debt-free. Then, somewhere along the way, that changed. Now more and more Americans are retiring with debt, with mortgages, with home-equity lines of credit, with credit-card debt, with auto Read More...
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