Monthly Archives: October 2011

The Week’s Economic Indicator Calendar

The Week’s Economic Indicator Calendar Weaker than expected economic data tends to send bond prices up and interest rates down, while positive data points to lower bond prices and rising loan rates. Economic Calendar for the Week of Oct 31 … Continue reading

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QUOTE OF THE WEEK

“Success seems to be largely a matter of hanging on after others have let go.”–William Feather, American author and publisher

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Home Prices Up in Half of Major U.S. Cities

WASHINGTON — Home prices rose in August in half of major cities measured by a private survey, a sign that prices are stabilizing in some hard-hit portions of the country. The Standard & Poor’s/Case-Shiller index shows prices increased in August … Continue reading

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New Home Sales should do little this month

New Home Sales should do little this month. Economists look for an annual rate of 300k in September, almost an average of the 295k pace in August and the 302k rate in July. The trend should at least be upward though, … Continue reading

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Home Builder Warranty

PHWS is in the business of making your business better. We do this in a number of ways, from client partnering and unit acceptance reviews to warranty management, homeowner manuals and beyond. Explore our wide range of services and see for … Continue reading

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Raleigh, NC Figures for New Home Sales Rise Year-Over-Year

Sales of new homes increased year-over-year in July in the Raleigh, NC market, on an upswing after a decline in June 2011. New home sales saw a jump of 15.3% from the year earlier to 332 after sales dropped 38.2% … Continue reading

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“It would be so nice if something made sense for a change.”–“Alice in Wonderland,”

What didn’t make sense last week was the way the media reported the latest housing data. Housing Starts were UP a strong 15% in September, hitting a 658,000 annual rate. But the media chose to emphasize that the gain was … Continue reading

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U.S. Federal Reserve Beige Book: Atlanta District

Real Estate and Construction. Residential brokers indicated that sales softened somewhat in September compared with the previous month and were flat to slightly up compared with very weak levels from last year. Florida brokers reported that home sales growth slowed. … Continue reading

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