In my last post we were discussing pending home sales (residential) but construction numbers slightly dipped to 0.2% in the month of July. Private residential real estate construction spending increased to 2.3% but private commercial spending dropped to 1.2% which supports the research of my last post that residential real estate is continuing to stabilize [...]
Published by Dwaine Clarke //
From the entire team of Clarke Real Estate Group, we would like to wish you a great and relaxing Labor Day. We work hard to bring you straight edge unbiased real estate news on our current economy and ways you can take advantage through alternative investments. Have a great day with family and friends and [...]
Published by Dwaine Clarke //
Posted on September 7th, 2009 in Housing Market
Pending Home sales data was released earlier this month and some more interesting and exciting news for the market. The National Association of Realtors released that pending home sales climbed to 3.2% in July which is double what economist predicted. Some more interesting news is on a year to year basis, the pending sales index [...]
Published by Dwaine Clarke //
Some interesting stats about the current housing market… Increasing confidence in the housing market shows in the July numbers as statistics show home sales raised by 9.6% up to 433,000 from 395,000 in June. With the Bloomberg polls forecasting at 390,000 sales this is a positive outlook for the market as this is possible evidence [...]
Published by Dwaine Clarke //
Foreclosures are still rising but data shows that delinquencies are not only from subprime loans but also FHA backed and prime loans. As a result of this crisis investors should consider looking a lot closer into professionally managed apartments as demand is more so being driven by employment growth rather than changes in home ownership [...]
Published by Dwaine Clarke //
I’ve just taken our friendship to the next level — and I want YOU to be a big part of it! For a long time, now, I’ve been searching for ways for us to get to know each other better. Specifically, I’m looking to make our friendship time together more of a two-way street — [...]
Published by Dwaine Clarke //
