I recently saw a link to a Realty Times article that quoted Fed Chief Ben Bernanke as saying to the Economic Club of New York that in his view, “Housing in the coming year is going to be a relative bright spot – a helpful driver of national economic growth, rather than the wet blanket it’s [...]
Posts Tagged ‘economy’
Positive New Home News
Posted in Charlotte, General Real Estate Market, Lake Norman, tagged economy, home building, Home Buyers, housing market, real estate market on December 1, 2009 | Leave a Comment »
Housing Tax Credit Extended and Expanded
Posted in Finance, General Real Estate Market, Real Estate, tagged $8000 tax credit, economy, first time home buyer tax credit, first time home buyers, first time homebuyers on November 5, 2009 | Leave a Comment »
I just read that the Home Buyer Tax Credit has now passed the House and the Senate, both by overwhelming votes and will go to the President for signature in the next few days. President Obama has already said he would sign the bill when it comes to him. This extends the deadline for first time [...]
Coldwell Banker CEO on Fox Business
Posted in General Real Estate Market, tagged economy, housing market, housing trends on May 6, 2009 | Leave a Comment »
Recently, Jim Gillespie, Coldwell Banker CEO was interviewed on Fox Business to get his take on the current economy and real estate market. He offered some ideas on helping to get our economy back on track. See the interview HERE. Based on the idea that the slump in the economy is based on the drop [...]
Grow or Die?
Posted in Iredell County, Lake Norman, Quality of Life, Real Estate, tagged economy, population growth on March 25, 2009 | Leave a Comment »
I’ve been watching the news over the last few days, and the people who track real estate sales are saying that there is some evidence that we may have hit the bottom of the real estate slump and are slowly heading in an up direction. Sales of new homes and previously owned homes are up [...]
Mooresville-Statesville Tops Site Selection Magazine Again!
Posted in Iredell County, Lake Norman, Mooresville, tagged economic development, economy, Top Micropolitan on March 10, 2009 | Leave a Comment »
I went to the monthly meeting of the Iredell County Developers’ Council yesterday and was pleased to learn that for the 4th time in the last 5 years, the Mooresville-Statesville area has been named the Top Micropolitan area by number of projects in the United States by Site Selection Magazine. North Carolina was awarded the [...]
Consumer Housing Trends- Small is Beautiful
Posted in General Real Estate Market, Quality of Life, tagged downsizing, economy, housing trends, rightsizing on February 10, 2009 | Leave a Comment »
With all the changes in the housing market, it’s no surprise that there are some fundamental changes going on in the size and types of houses that people buy. RIS Media reported recently that the U. S. Census bureau noted that the average size of new houses started in the third quarter of 2008 dropped by [...]
Price Perspective
Posted in Catawba County, Charlotte, Finance, General Real Estate Market, Iredell County, Lake Norman, Lincoln County, Mecklenburg County, Real Estate, Rowan County, tagged economy, home prices on January 8, 2009 | Leave a Comment »
The most recent monthly Standard & Poor’s/Case-Shiller Home Price Index was published on December 30 and shows an index of house prices month-to-month. It lags a couple of months, so this time we got the October, 2008 numbers. It is broken down by major metropolitan areas that include the Charlotte area. It showed a drop [...]
Who’s Looking After the Business?
Posted in Iredell County, Mooresville, Quality of Life, Real Estate, tagged business, economic development, economy on January 6, 2009 | 2 Comments »
As part of my work as a board member of the Charlotte Regional Realtor Association, I was invited to attend the monthly meeting of a group of people who are working to retain and grow the level of business activity in the Mooresville and South Iredell areas. I’m certainly interested in that since local business [...]
The Silver Lining
Posted in Finance, Quality of Life, tagged affluence, affluenza, economy, greed, hard times on December 23, 2008 | Leave a Comment »
I’ve always been one to look at the world with a “glass half full” perspective. Now, that doesn’t mean I don’t get down in the dumps once in awhile. Just ask my wife. But I’ve been thinking a lot lately about the ultimate effect of the economic downturn that we’re experiencing now. On an individual [...]
Racing Crash?
Posted in Entertainment, Iredell County, Lake Norman, Mooresville, tagged economy, Mooresville, stock car racing on December 20, 2008 | 1 Comment »
One of Mooresville, NC’s largest employer groups is the large concentration of auto and truck racing teams that are based in our area. They have provided a very good client base for our real estate agents over the years, so we are always concerned when they face difficulties in their industry. A while back, we started hearing about the [...]
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