The Market is eager to hear what Bernanke has to say before the FOMC Minutes are released at 2 p.m.
Tag Archives | Home Sales
Given current economic conditions, there really couldn’t be a better time to buy if you’re looking for a new place to call home.
With more advantages of installing energy-efficient upgrades emerging daily, why wait to start making changes to your home? They’ll help save you money through tax incentives and cheaper energy bills, and, according to many real estate experts, these improvements help sell your home faster.
Many sellers continue to make mistakes that could cost them a promising deal or even deny them any offer at all. Avoiding the following mistakes can help keep you from shooting your home sale in the foot.
In an article published by Bloomberg this morning, it has been reported that the cost of one of the most expensive individual tax breaks is shrinking. I’m not talking about the tax-free health insurance contributions, which alone will cost the government $1 trillion, or exclusion of net imputed rental income, which sends the government a $50 billion bill every year.
The housing market is expected to hit the rock bottom that has been talked about for the past few years in June 2012 according to analysts.
Pending Homes Sales report is expected to show a drop this month. Treasuries and mortgage backed securties have opened down this morning.
Bond prices are up this morning after the European bank stress test report showed that 8 of the 900 banks failed.
Federal Reserve Chairman Ben Bernanke hopes streamlining mortgages and the buying process will help the housing market.
Recent data suggests that prices for homes in metropolitan areas have dropped to the lowest rates since 2002. Tons of unsold homes, numerous foreclosures, and [...]