Archive for the ‘Economic News’ Category
February 15, 2008 Posted In Economic News Finance Real Estate News
This week saw yet another program introduced to stop the foreclosure tsunami here in the U.S. housing market. Project Lifeline consists of six of the major mortgage lenders give all homeowners that a 90 days delinquent a 30 pause on foreclosure.
Other real estate bloggers have inaccurately described this program as being designed for homeowners with [...]
February 14, 2008 Posted In Economic News Finance
President Bush is signing the Economic Stimulus Act of 2008 yesterday, Wednesday February 13. Everyone is hearing all about the rebate checks that most Americans will receive sometime in spring according to when they file their taxes. The rebate checks will be $600 for a single taxpayer, $1,200 for married couples, and $300 per child.
However, [...]
February 8, 2008 Posted In Economic News Market Conditions Real Estate News
There are several things that affect Las Vegas real estate many of which are economic factors. These economic factors affect the demand of home buyers wishing to live in the Las Vegas area and some of the economic factors affect the supply of homes in the Las Vegas area.
The economic factors in the Las Vegas [...]
January 31, 2008 Posted In Economic News Las Vegas Info New Construction Real Estate News
Booming Las Vegas Economy and Real Estate Market
All across America, we are seeing a buyers market and of course many scary words coming from the mouths of analysts. However, the economy is beginning to boom in Las Vegas and so is the real estate market. There are several new projects under way in the downtown [...]
January 17, 2008 Posted In Economic News Homes Update Market Conditions Real Estate News
Everyone is talking about the real estate market conditions throughout the United States and the talk you hear is about just how bad it is, however, they are only looking at a few homes on the market. In actuality, the homes that are causing the talk are only around 5 to 7 percent of the [...]
December 20, 2006 Posted In Economic News Las Vegas Info
Rumors having been flying about Station Casino being bought out. Well the rumors haven’t been substantiated yet, however if Station Casino is bought by the private equity partnership of Colony Capital and a management group, local experts believe that this would hamper its growth.
As it is now Colony Capital and a management group that is [...]
December 19, 2006 Posted In Economic News Real Estate News
J.D. Power and Associates did a study to see how important customers were to mortgage brokers.
The survey consisted of 4,115 borrowers who originated loans in the first nine months of the year. The market research firm found that customer satisfaction is of major importance to mortgage lenders.
The survey showed that customers from the five highest [...]
December 14, 2006 Posted In Economic News Finance Market Conditions Real Estate Agents Real Estate News
These days it’s hard to turn on the television or read a newspaper without reading or hearing about a national housing bubble. The National Association of Realtors is trying to change this.
NAR has started ad campaigns that they hope will bolster the real estate market. Ad campaigns have been placed to spread the news, to [...]
December 12, 2006 Posted In Economic News Market Conditions Real Estate News
The country has moved to a buyers market. No more speculation, anticipation or any other type of ion words you can think of. It’s a fact.
In much of the country we have already seen sellers hurting for testing the market and setting homes at outrageous prices.
Local experts in the Las Vegas market say [...]
December 9, 2006 Posted In Economic News Market Conditions Real Estate News
It is no secret that there have been some slumps in the housing market across the United States.
According to a nationwide poll taken by the Pew Research Center, homeowners are looking past the dreary numbers and are optimistic about the value of their properties.
The poll shows that there are approximately 55% of homeowners who expect [...]
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