Lori Blank's Blog

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Real Estate Broker/Owner - LORI BLANK & ASSOCIATES, LLC
RECENT BLOG POSTS
With seasons changing, it’s a good time to look at weatherizing your home. Whether you live in a single-family home, a multi-family property, or a condominium, your home has windows and, through those windows, air escapes. Even with your windows closed. In this brief tutorial from Lowe’s, you’ll ...
08/29/2011
08/26/2011 By admin Leave a Comment (Edit) Freddie Mac Weekly Rates Low mortgage rates are terrific — if you can get them. One week after posting its lowest mortgage rate in 50 years, Freddie Mac reports that the 30-year fixed rate mortgage rose by an average of 7 basis points nationwide this wee...
08/26/2011
/25/2011 By admin Leave a Comment The annual survey is based on data from Onboard Informatics. Using Quality of Life factors such as education, crime and “town spirit”, and focusing on towns with between 8,500 and 50,000 residents, the CNNMoney survey ranks the country’s best “small towns”. To be...
08/25/2011
08/24/2011 By admin Leave a Comment (Edit) New Home Supply 2008-2011 Sales of newly-built homes slipped in July, falling 1 percent as compared to June. Home buyers closed on a seasonally-adjusted, annualized 298,000 units, the lowest reading since February. The supply of new homes, however, remai...
08/24/2011
08/23/2011 By admin Leave a Comment Existing Home Sales dataHome resales slipped in July. According to the National Association of REALTORS®, Existing Home Sales nationwide fell to 4.67 million units on a seasonally-adjusted annualized basis last month. It’s the fourth straight month below the 5 ...
08/23/2011
08/19/2011 By admin Leave a Comment (Edit) Fed Funds rate vs Mortgage Rates 2000-2011Last week, at its 5th scheduled meeting of the year, the Federal Open Market Committee voted to leave the Fed Funds Rate in its target range near zero percent. The Fed Funds Rate has been near zero percent since ...
08/19/2011
08/17/2011 By admin Leave a Comment (Edit) Single-Family Housing Starts fell to a seasonally-adjusted, annualized 425,000 units in July, according to the Census Bureau. A “Housing Start” is defined as a home on which construction has started and ground has broken. Furthermore, Single-Family Hous...
08/17/2011
Homebuilder confidence 2009-2011 Two months after posting their worst confidence reading of 2011, home builders say they foresee no improvement in the immediate- or medium-term market for new homes nationwide. In August, for the second straight month, the Housing Market Index read 15. The HMI is ...
08/16/2011
Strong Job Growth In July Trumped By Credit Downgrade 08/11/2011 By admin Leave a Comment Non-Farm Payrolls Aug 2009-July 2011More Americans are getting back to work. The latest Non-Farm Payrolls survey from the Bureau of Labor Statistics shows that 117,000 net new jobs were created in July, thum...
08/11/2011
08/09/2011 By admin Leave a Comment Mortgage rates are running Mortgage rates continue drifting downward, despite — or because of — a ratings downgrade on long-term U.S. government debt. Standard & Poors issued a single-notch downgrade after Friday’s market close, from AAA to AA+. Of the roughly ...
08/09/2011
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Lori Blank

Lori Blank & Associates, LLC
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