NAR chief economist David Lereah said today that existing home sales have likely hit bottom in the final quarter of last year. He projects a gradual rise in home re-sales in 2007 however sales tallies will likely remain below the 6.48 million unit pace set in 2006. Forecasts are for existing hom
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02/10/2007
Chain store sales grew 3.7% in January up from 3.3% in December according to the ICSC chain store index. Most all retail segments posted positive sales results last month except for furniture stores. Gift card redemptions boosted sales while the frigid temperatures in many parts of the country fu
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02/10/2007
So what is happening this week with rates. Fed Chairman Ben Bernanke delivers his semi-annual testimony on the economy and monetary policy to Congress this week. The testimony plus a full economic calendar will keep the markets hopping but will likely do little to change the outlook in the long r
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02/10/2007
Active Rain Benefits of Blogging Allen Hainge's News and Views This weeks news and views has a major feature on Active Rain. This newsletter is sent to over 10,000 people. You can sign up for the newsletter for free.Here is a copy of this weeks newsletter from AllenI finally found it, thanks to
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02/04/2007
Economy and Stock Market Close for the week Friday, February 2nd The economy added 111,000 new jobs in January, less than an expected gain of 150,000. The softness was related to severe winter weather in some parts of the country. Weaker than expected job growth last month was offset by upward
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02/04/2007
WEEK IN ADVANCE A light economic calendar next week yields little in the way of market moving data or events. The Treasury's $38 billion quarterly refunding will probably have the most impact. With little to go on, it looks like the financial markets will continue to enjoy the Goldilocks scenar
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02/04/2007
Florida Sunshine State Nothing is worth more than this day.- AnonymousAfter some terrible storms and loss of life it is just a reminder of how precious each day is and what we all have. Many people north of Orlando in Deltona and Lady Lake lost everything, some are still without power and some
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02/04/2007
A dreadful thought but what if someone stole your computer. All of your personal and business data gone in a thieves hands. There is a beta service that can help. If this happens log into your account and mark the computer status as stolen, if the machine conects to the internet the actions you
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01/31/2007
If you get a great offer on your investment property and in order to payoff your loan need to provide the lender with replacement collateral that will pay off the debt and maintain the yeild on the current obligation you need to know defeasing. Now if this has gone right over your head don't wor
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01/31/2007
Used to be Google Answers service was available. You could ask a question and get an answer for a pre agreed price. That is no longer a service they offer.So now where can you go to ask questions and get answers from real people outside of Active Rain of course, that works and for which there
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01/31/2007