Posts about Real Estate Market Reports as of September 17, 2009

After more then two years of government and Fed intervention in the economy, only banks, Wall Street and insurance companies have been bailed out. The first part of the Stimulus package was unsuccessful, because the funds were not spent, they were used to eliminate debt. We do not think the next stimulus wave will be any more successful. The economy should now move sideways for a year with slight GDP gains and a slowing in job losses.

Ed Steer , in his September 17 column, pointed out Simon Black’s report that China was urging citizens to buy gold as an indicator that gold demand was building. Well, this certainly will build demand for gold but the Chinese government is probably not doing it because of any fundamental belief that the dollar will devalue or gold will skyrocket in price. From an economic and budget basis, getting their citizens to buy gold instead of putting money in banks or government bonds is a way of getting zero interest financing for their stimulus programs.

Here is the Monument and Palmer Lake Real Estate Market Info report for August 2009– brought to you by the Colorado Springs and Monument Real Estate Connection. The Monument real estate market is located just north of Colorado Springs and the United States Air Force Academy. This area is home to the town of Palmer Lake and the Monument areas of Woodmoor, Jackson Creek and King’s Deer.

East Lancaster, California Real Estate We here at the Gockel Group, continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find East Lancaster real estate statistics for the last seven days. Total inventory today is: 184    Of these, the number that are short pays is: 58 Number of homes entering the market in the last 7 days: 27    Of these, the number that are short pays is: 6 Number of homes entering escrow in

Everywhere you look, real estate is in the news.  In recent years, web sites like Zillow and Trulia have become increasingly popular sources for updates on property values, and articles about the housing market are a mainstay of traditional media outlets.  Until recently, just about all news focused on the decline of home values nationwide.  Now some magazines have begun to report positive news, while others continue to ring the death knell for real estate.  How can you sort out what’s accurate?  Are values going up or down?  What does this mean for our community?

View This Poll polls On track to cost the government $15 Billion , the $8,000 Tax-Credit implemented last winter has undeniably stimulated the housing industry. Now, with the November 30th deadline looming, questions on whether the housing market can survive without it are surfacing. With Real Estate being Cyclical, Seasonal and Emotional , the cyclical Tax-Credit boosted seasonal sales, causing an emotional stir in the market.

Severn Bancorp Announces Third Quarter Dividend ANNAPOLIS, Md., Sept. 17 /PRNewswire-FirstCall/ — Severn Bancorp, Inc., (NASDAQ:SVBI) parent company of Severn Savings Bank, FSB (”Severn”), announced that its Board of Directors has declared a regular quarterly dividend of $.03 per share for the third quarter of 2009. This dividend is payable on October 15, 2009 to shareholders of record as of the close of business on September 30, 2009.

A: The less-worse bull market continues and we still have inventory restocking and uber stimulus in the pipeline that will contribute to much better economic data as time goes on. Stocks are in the process of pricing this in and gold is surging which is generating a reflation trade mentality out there. This does trickle down to our markets here in Manhattan in the form of higher buy side confidence and lower sell side motivation for those without a financial pressure to raise $$$ – both psychological.

First-time homebuyers and those thinking about refinancing are in a great place. Mortgage rates just fell for the third straight week, according to mortgage finance firm Freddie Mac. “The credit markets are still tight, but they have loosened up significantly from 90 days ago,” said Scott Norman, vice president of the Texas Mortgage Bankers Association. So is this a good time to enter a mortgage transaction? It might be, if you can qualify. “The two biggest issues are going to be credit and down payment,” Norman said.

BullMarket.com Examines Apartment REITs PRINCETON, N.J., Sept. 17 /PRNewswire/ — BullMarket.com (http://www.bullmarket.com/), an online investment newsletter focused on long-term growth and income-generating stocks, has provided subscribers with updated coverage on food distributor stocks, including AvalonBay Communities (NYSE:AVB), Apartment Investment & Management (NYSE:AIV), Equity Residential (NYSE:EQR),and Camden Property Trust (NYSE:CPT).

BullMarket.com Examines Apartment REITs PRINCETON, N.J., Sept. 17 /PRNewswire/ — BullMarket.com (http://www.bullmarket.com/), an online investment newsletter focused on long-term growth and income-generating stocks, has provided subscribers with updated coverage on food distributor stocks, including AvalonBay Communities (NYSE:AVB), Apartment Investment & Management (NYSE:AIV), Equity Residential (NYSE:EQR),and Camden Property Trust (NYSE:CPT).

The national resale housing market sales activity has remained above from a year ago levels in August 2009, making it the third consecutive month. This is the largest year-over-year gain in more than two years. The Canadian Real Estate Association (CREA) releases statistics showing that a total of 42,483 homes traded hands through the Multiple Listings Service (MLS) Systems of Canadian real estate Boards in August 2009. This is an increase of 18.5% from the August 2008, making it third consecutive month we see year-over-year gains of more than 15%.

While many of the big banks have already paid back their TARP loans or are at least saying how they plan pay back the money — that’s you, Citigroup Inc. (NYSE:C) and Bank of America Corp. (NYSE:BAC) — Wells Fargo & Co. (NYSE:WFC) has been appropriately mum on how and when it plans to pay back its $25 billion TARP loan, other than to say it’s in the plans . “Repayment will be made ‘in a shareholder-friendly’ way,” Wells Fargo chief executive John Stumpf told The Wall Street Journal .

Commercial-property sales in the U.S. this year are forecast to fall to the lowest in almost two decades as the industry endures its worst slump since the savings and loan crisis of the early 1990s. About $16 billion of office transactions will be completed by year-end, according to data compiled by Real Capital Analytics Inc., a New York research firm that has tracked deals for almost a decade. Real Capital Managing Director Dan Fasulo and Sam Chandan, chief economist of Real Estate Econometrics LLC, said that may be the lowest volume since at least 1991.

Among the new building permits issued in August, one has allowed Dominion Construction to conduct $1.56 million in renovations to the Moose Jaw Union Hospital intensive care unit. This was only one of the 32 building permits issued by city hall last month, for a construction totalling approximately $6.95 million. In August 2008, the city had issued 42 building permits for construction, which was worth about $5.18 million. With 10 less building permits, construction totalled $1.77 million more.

Real Estate ETF Serves as Financial Proxy TheStreet.com NEW YORK (TheStreet) — Real estate investment trusts, or REITs, offer diversification and high yields with a low correlation to equities. … IRS Issues Rule To Aid Commercial Real – Estate Sector Wall Street Journal Survey says commercial real estate facing difficult market ahead Northern Colorado Business Report Real Estate Profits Course Reveals Secrets to Real , Real Estate …

Arvind Gopal is a Columbia Business School student working with the East Africa Agriculture Portfolio Team this summer. At Columbia, he has focused on international development. He is currently VP of Investments for Microlumbia, a student-run fund focused on making debt investments in microfinance organizations. Additionally, he provided consulting advice to Broad Cove Partners, a Boston-based social venture fund, on a potential investment opportunity in a Liberian mortgage finance business.

Special Report From Jutta “Utah” Burden Real estate investment has provided various investors with positive cash flow, tax benefits and the satisfaction of making an impression in others lives. However like any investment, real estate has intricate nuances and market trends that when ignored can cause an investor great heartache. Unbelievably, many first-time investors are eager to part with their hard-earned cash without taking the time to revise their investment. They rely on traditional trends and gut feelings.

Digital Realty Trust Acquires Sixty Percent Joint Venture Interest in Datacenter Park in Dallas Digital Realty Trust Datacenter Park – Dallas will add 797,000 square feet to redevelopment inventory SAN FRANCISCO, Sept. 17 /PRNewswire-FirstCall/ — Digital Realty Trust, Inc. (NYSE:DLR), the world’s largest wholesale datacenter provider, announced today that it has acquired a sixty percent joint venture interest in a redevelopment project located in Richardson, Texas.

For Immediate Release Chicago, IL – September 17, 2009 – Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this week’s analysis include D.R. Horton ( DHI ), KB Home ( KBH ), Pulte Homes ( PHM ), Allstate ( ALL ), Hartford Financial Services ( HIG ), Travelers ( TRV ), Loews ( L ), Humana ( HUM ), Stericycle ( SRCL ), C.R. Baird ( BCR ), Celgene ( CELG ), Gilead Sciences ( GILD ), Anadarko Petroleum ( APC ), EOG Resources ( EOG ), AK Steel ( AKS ), Nucor ( NUE ), U.S.

Rising unemployment rates and a large number of companies attempting to reduce their rental expenditure by reducing leased office space will hit the Manchester property market quite hard next year. With fewer buyers in the market owing to the recession, office rentals and property valuations will soon witness a sharp decline in Manchester, according to a report by the real estate consultancy Jones Lang LaSalle.

As unemployment in the UK continues to rise and companies look for more ways to cut costs, the office property market continues to experience a downward spiral on both valuation and letting rates. It is predicted that occupier controlled office spaces will come back into the market with very few buyers to take them. As far as Manchester is concerned, office space rental and valuations will continue to remain low, though not as low as other cities, according to a report from Jones Lang LaSalle.

T he time has come again to look at Tallahassee neighborhoods to see what is happening. We like to do this every month or so in order to identify the hottest selling subdivisions in Tallahassee , as well as see if any trends are occurring. We compiled all of the existing home sales in Tallahassee (meaning no new home sales, only resales) and separated them by whether or not they were “ arms length ” sales or not.

The Best Uses for a Real Estate ETF TheStreet.com NEW YORK (REITs) — Real estate investment trusts, or reits, offer diversification and high yields with a low correlation to equities. … IRS Issues Rule To Aid Commercial Real – Estate Sector Wall Street Journal Survey says commercial real estate facing difficult market ahead Northern Colorado Business Report Real Estate Profits Course Reveals Secrets to Real , Real Estate …

The object of these lessons is to give the student or reader a practical knowledge of real estate and of the real estate business. The student who will devote a definite portion of each working day to the study of the subject will make the most satisfactory progress. The student should exercise to the fullest extent the qualities of industry and perseverance; he should concentrate his mind on the subject and keep it there; he should study a few pages at a time and not skip from one portion of the lessons to another.

Bob Chapman The International Forecaster September 17, 2009 What do you do after you have zero interest rates and you have flooded the world with money and credit? The answer is you attempt to fight off higher interest rates and see if you can dodge the inflation bubble that follows. The commitment for this current fiasco to save the world’s Illuminist banks has already caused an official debt responsibility for the US of more than $23 trillion or about 40% of world GDP.

Bob Chapman The International Forecaster September 17, 2009 What do you do after you have zero interest rates and you have flooded the world with money and credit? The answer is you attempt to fight off higher interest rates and see if you can dodge the inflation bubble that follows. The commitment for this current fiasco to save the world’s Illuminist banks has already caused an official debt responsibility for the US of more than $23 trillion or about 40% of world GDP.

A “Big Bang” is set to go off in the real estate investment industry that will be felt around the world. 6 FIGURE Real Estate Syndication System will launch in just a few short weeks and will be the first step towards launching your real estate profit potential. Negative economic effects are rippling through the world economy. These hard times are setting up ready investors to make almost limitless profits. Brad Wozny has put together a tested and proven system to find profits during these tough times.

But first-time home buyer tax credit still driving applicationsSept. 16, 2009 – NEW YORK – Demand for U.S. home loans fell by more than 8 percent as fixed mortgage rates rose last week in a banking period shortened by the Labor Day holiday, the Mortgage Bankers Association said on Wednesday.Total applications were nonetheless at one of the highest levels seen since early June, with borrowers still eager to take advantage of the federal first-time home buyer tax credit before the program closes at the end of November.Borrowing costs stayed relatively low, which continues to foster demand for potential buyers.

By: MultifamilyBiz StaffSeptember 16, 2009 – NEW YORK, NY – Despite a still-struggling U.S. economy, ill credit markets, deteriorating property fundamentals, and precipitous declines in commercial real estate values, most equity investors have remained on the sidelines waiting to capitalize on forced sales and more motivated selling on the part of distressed owners, according to the 2009 third quarter findings of PricewaterhouseCoopers’ Korpacz Real Estate Investor Survey(TM), released today.

By: Dees Stribling, Contributing EditorSep 16, 2009 – Federal Reserve Chairman Ben Bernanke, speaking at the Brookings Institution on Tuesday, said that the recession is “very likely” over. Or, to quote the chairman more fully: “From a technical perspective, the recession is very likely over at this point.”A technical perspective recovery, however, isn’t likely to hire any workers for a while yet.

by Kim and Charles Petty 20 Ways To Increase Your Traffic And Sales Using Free Follow-Up Autoresponder Courses An autoresponder course is a group of articles or information set up to be sent out separately over a set period of time by e-mail. People just e-mail your autoresponder to receive the free course and it is sent out automatically over time. You can find free follow-up autoresponders to use by typing it into any search engine. Below are ten ways to use them to increase your traffic and sales.

Home sales continued to drop in Shanghai in the first half of this month in both the new and secondhand market due to inadequate supply and decreasing affordability. Transaction volume of new homes, excluding those designated for relocated residents, fell 10 percent to about 720,000 square meters between September 1 and 15, according to Shanghai Uwin Real Estate Information Services Co. The city’s secondhand home market suffered an even bigger setback.

China’s market for refrigerated warehouses is expected to grow by about 24 percent for each of the next five years amid a thriving consumer market and food-export sector, real estate services provider Jones Lang LaSalle predicted yesterday. A change in eating habits and heightened awareness of food safety standards are boosting domestic demand for cold storage logistics, a report by the company said. “ China ’s cold chain market is seriously underdeveloped,” said Stuart Ross, head of industrials for Jones Lang LaSalle’s China operation.

Property investment sales up 13% in Q3 to S$1.8b By Yasmine Yahya, SINGAPORE : Property investment sales rose 13 per cent between July and September to S$1.8 billion, compared to the previous quarter. The improved performance was buoyed by better market and investor sentiments. In its latest report, property consultancy Jones Lang LaSalle said the residential sector dominated investment sales, accounting for 52 per cent of total sales. Investment sales in the residential sector for this quarter totalled S$958 million.

Buyers paying more for private homes Median prices for non-landed units up sharply in third quarter By Joyce Teo A NEW report from property consultancy firm CB Richard Ellis (CBRE) shows that prices of private, non-landed homes have risen sharply since July. An analysis of caveats lodged by home buyers in the third quarter up to Tuesday indicates that the median price of such new homes with a 99-year lease jumped 16.5 per cent to $769 per sq ft (psf), from $660 psf in the second quarter.

MATT TAIBBI BUBBLE #3 The Housing Craze G oldman’s role in the sweeping global disaster that was the housing bubble is not hard to trace. Here again, the basic trick was a decline in underwriting standards, although in this case the standards weren’t in IPOs but in mortgages. By now almost everyone knows that for decades mortgage dealers insisted that home buyers be able to produce a down payment of 10 percent or more, show a steady income and good credit rating, and possess a real first and last name.

How to Prepare to Speak to a Bank to Get Finance By: Wendy Moore With the global economic downturn, many homes have become more affordable attracting potential investors and even the first timers in real estate investing. But while it may be a great idea to jump into this venture today, careful planning and strategising are essential. Planning involves determining your budget, financial capabilities and financing options, working out the type and size of the house you want, its location and deciding on which solicitor to use to settle the transaction.

With the recent increase in sales of Tarrant County homes and Dallas County homes , now is a great time to review your credit report to verify that all the information is correct. People that have been waiting for signs of improvement in the North Texas real estate market are beginning to make their move and begin searching for a new home or preparing their current home for sale. If you are currently a homeowner and you’ve decided that now is the time to sell your house, you will need to decide where you are planning to move after your home sells.

It is official that the stock market has gone into full casino mode.  Since the March low the S&P 500 has rallied to the tune of 60 percent.  The only other time you will see such a fierce rally was during the Great Depression .  Yet what people fail to see in the current system is the massive amounts of government sponsored juice and housing-roids that are making the system act like it just drank 10 cans of Red Bull.  Ultimately after all this partying runs its course, another deep hangover

The residential rental markets in Sweden, Denmark, France and Germany offer above-average attractiveness for residential real estate investments by institutional investors. That is the upshot of the r eport on the European residential property market drawn up by PATRIZIA . Both supply and demand factors were analyzed in the study and assessed in terms of their medium to long-term development. “Owing to the financial crisis, residential property has returned to the focus of institutional investors.

Welcome to Day Twelve of Pump Up Your Book Promotion’s September Authors on Virtual Book Tour ! Follow along as these talented authors travel the blogosphere all month long to talk about their books, their lives and their future projects. Leave a comment at their blog stops and you could win a FREE virtual book tour if you’re a published author with a recent release or a $50 Amazon gift certificate if you are not published.

Noblesville Real Estate ACTIVE listings (homes for sale) totalled 601 as of 8/31/09.  There were 117 PENDING (offer accepted) with over half or 68 of them that pended in August alone.  SOLDS (transactions closed) were 71 in August 2009 as compared to 98 in August 2008.  Even though numbers are down from 2008, you can see that the total number of homes SOLD for the period March through August has been fairly consistent. The traditional Spring/Summer buying season coupled with the $8000 First Time Home Buyer Tax Credit has had a positive affect on the Noblesville Real Estate market.

Wealth building is one issue…and is hard to accomplish. Wealth preservation in todays economy is probably much harder to accomplish. To create new wealth or wealth creation, one needs to have the combination of skill, timing, risk taking, blessings and a great deal of work. Once this new wealth has been created, the security,preservation and growth become a goal. Sadly the reality today is that many fortunes have been wiped out by investors who have not thought a plan.

Sponsored by online fx trading You have heard that currency trading is a quick way to financial freedom. You see stories about the billions ,no trillions,of dollars traded each day and think you can do this,no problem. Maybe you can but first read about the past three weeks in the forex market. January 2008 was a interesting month for currency traders. The Housing market was teetering on collapse. Lending institutions were taking huge writedowns for bad real estate loans.

7 Tips To Find The Perfect Market And Products For Your Membership Site by Jeremy Gislason So you’re planning to create a membership site; but you have no idea how and where to begin. Well, don’t worry! In this article, I’ll show you how to find the ideal market or niche to venture into, and create products that will satisfy your members… all while exploding your membership site profits. Tip # 1 To achieve lasting success with your site, choose a niche that: – You are passionate about.

Here’s our latest item.  The reader comment at the top is great stuff.  A fishing buddy, all I’ll say.  Best,  Chris Exposure at Default: As Banks Shrink, So Does the Economy The Institutional Risk Analyst September 16, 2009 “I was just reading your testimony on subjectivity and risk in models. I agree, though isn’t the contrast between objectivity and subjectivity more of a continuum? Think about banks. Only 100% reserves makes a bank objectively safe from runs.

by John Browne – Senior Market Strategist, Euro Pacific Capital Readers familiar with my views know that I believe that the current stock market rally is a bullish chapter in an otherwise bearish novel. In the spring of this year, I had said I would not be surprised if the Dow were to hit 10,000 by the end of summer. While I was a little too optimistic on that particular forecast, it now looks as if U.S. stock markets are a bit ‘toppy’ and a reversal may be in the cards.

Both young and the old ones love and enjoy the sweet treats brought by cookies. Children most especially are hooked with these little bites of sweetness. Different terms and names are given to these delicious cookies. Spaniards name them as galletas while English people termed them as biscuits. Germans name these small goodies as kels whereas people from Northern part of America name them cookies. Earliest forms of cookies actually were just tiny cakes known as koeje, a simple Dutch term for small cakes.

45% Of Doctors Would Consider Quitting If Congress Passes Health Care OverhaulTwo of every three practicing physicians oppose the medical overhaul plan under consideration in Washington, and hundreds of thousands would think about shutting down their practices or retiring early if it were adopted, a new IBD/TIPP Poll has found. The poll contradicts the claims of not only the White House, but also doctors’ own lobby — the powerful American Medical Association — both of which suggest the medical profession is behind the proposed overhaul.