Housing prices are increasing all across America in 2013. That is good news for sellers and buyers. For sellers, it is obviously good news because they can make more on their home sale. But for buyers it is also good news because the asset they are purchasing is likely to be worth more later on than it is now.
Housing has historically been a reliable investment because home values have traditionally slowly increased over time. Of course the bursting of the housing bubble in 2007 proved that housing won’t always go up. But six years later the housing market appears to be back on the march upward again. That means people who buy homes now can feel relatively confident that their home will be increasing in value in the years they own it.
Interest rates for government-backed mortgages are still very low by any historical measure. S
Ah, Abu Dhabi! The capital of the United Arab Emirates (UAE), not to mention the largest in land area of the seven-member emirates, has a more laid-back yet just as cosmopolitan vibe as its more famous neighbour, Dubai. Such is its importance in the life of the UAE that it is, in fact, the country’s centre for political, financial and industrial activities as well as a major socio-cultural force; the Central Bank of the United Emirates, Sheikh Zayed Grand Mosque, and the seat of the UAE Government are located here.
With such a fascinating mix of the old and the new in terms of culture, architecture and economy, among other aspects of its society, tourists and ex-pats are well advised to gain reliable and relevant information about the emirate preferably before stepping foot in its soil. Get more info…
CLEVELAND, Ohio — S&P Data LLC, which opened a downtown Cleveland call center in 2009, has tripled its office space and plans to more than double its size here.
The company, based in San Diego, Calif., recently signed a lease on 40,000 additional square feet at the Post Office Plaza building at the Tower City complex. The deal brings S&P’s downtown offices to more than 64,000 square feet and makes room for 325 or so new employees — on top of the 275 people who already fill seats there.
David Borts, a company partner and chief operating officer, said S&P hopes to fill 75 to 100 positions in Cleveland before August.
Interview with Dr. Housing Bubble: “You shouldn’t take on a mortgage that is 3 times your annual household income.”
Today we bring you an interview with Dr. Housing Bubble, whose blog promises to take a critical look at the policies that have created one of the largest asset bubbles ever known to mankind and whose mission is to provide a candid account of what is going on in today’s housing market. Below, Dr. Housing Bubble expounds upon the housing bust and the potential for recovery.
Mortgage Calculator: I’d like to begin by asking you about your background. What made you decide to join the ranks of housing watchers? How w
HIGH POINT — This year’s Piedmont Furniture Club golf tournament will honor Harold Hart, distributor and owner of Hart Furniture in Siler City, N.C.
Hart started his career buying, repairing and selling secondhand furniture while in high school and later became active in his parents’ upholstery business, buying and selling chairs, rockers, and Sealy mattresses. This led to the establishment of Hart Furniture in 1969, which occupies approximately 37,500 square feet of showroom and warehouse space.
Hart was diagnosed with leukemia in December at age 70 but he continues to be involved in the business while fighting cancer.
The tournament, in its 27th year, will be held Wednesday, Aug. 21 at High Point Country Club – Willow Creek. To receive more information on the tournament, to become a sponsor, or to make a contribution to Brenner Children’s Hospital in honor of Hart, contact Jennifer Sova at or at (336) 285-0194. <
Detroits housing market has been showing improvement, and home prices went up by an average of 7% in July – and this also includes the price of repo homes. For example, a two-story, brick housing unit in the city was sold for more than $47,000 in July, two years after a US Bank foreclosed on it.
According to mortgage data company FNC Inc., some Detroit neighborhoods are recording huge price gains due to the states automobile industry seeming to have found its way toward recovery and investors flipping repo homes. As the latest data covering the month of July shows, home prices went up by 7.2% compared to a year ago, which marks Detroits biggest increase in more than twelve years. F
Heres to dad and all the magical things that come with him.
Heres to playing catch in the backyard and jumping on him while hes still in bed. Heres to that time he tried to cook dinner when mom was gone and all the junk food he let you eat instead.
Heres to the snoring when he falls asleep on the couch. Heres to the father who can echo your name from any corner of home which could mean youre either in trouble or its time to go. Heres to dads at the kitchen table for homework time and the rides home from whatever sport, lesson or sleepover youre coming from.
Heres to the most famous real estate related quote about dad when the words were uttered in every house that you should Wait until your father gets home!
Heres to his laying claim of the remote and that favorite spot on the couch or a special chair for his throne.