Monthly Archives: April 2009

Consumers Hopeful Worst Is Over For The Economy

Hopeful signs that the worst may be over for the economy boosted Americans’ moods in April, sending a closely watched barometer of sentiment to the highest level since November.The New York-based Conference Board said Tuesday that its Consumer Confidence Index … Continue reading

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Real Estate Stats YTD – New Hanover County, NC

Average Selling Price: $256,976 Average List Price: $277,273 Average Days On Market: 149 Total Sold: $137,739,055 536 Properties Sold Stats are for Single Family Homes & Lots

Posted in Economy, Interesting, Local, Real Estate, Wilmington | 2 Comments

Note From Treasury Sec. Tim Geithner

Treasury Sec. Geithner says the Fed has achieved its goal of lowering mortgage rates through the direct purchasing of Mortgage backed Securities. Americans should refinance while rates are low.

Posted in Lending | 2 Comments

Price Is Right: Home Buyers Are Testing the Market Again

The large plate of home-made chocolate chip cookies on the kitchen counter was the perfect enticement for one member of a family attending a Morris Township, New Jersey open house. “Go ahead and take another,” said real estate agent Kim … Continue reading

Posted in Lending | 4 Comments

Michael Lopez interviewed by WWAY

  The dark cloud that has been hovering over the real estate market may be breaking up. Several real estate agents and mortgage brokers believe it’s a great time to buy a home for the first time. “I think the … Continue reading

Posted in Economy, Interesting, Lending, Local, Real Estate | 1 Comment

Bidding Wars Over Houses? Real Estate Bottom?

One hour outside of Washington DC, in the picturesque small city of Martinsburg, West Virginia, some homes for sale are attracting bidding wars—again.“Prices are so low, we’re starting to see that,” says Mark Savitt, a realtor there for a quarter … Continue reading

Posted in Economy, Interesting, Real Estate | 1 Comment