Posted in Communities, Market Insight on Mar 18th, 2010
RealtyTimes – Positive signs on employment and national economic growth should start being felt in the housing market in the coming several months, say top economists.
Alan Levenson, chief economist for T.Rowe Price Associates, said the latest reports are “indicative of a labor market and economy that is in the midst of recovery.”
That’s hugely important for [...]
Posted in Market Insight on Mar 15th, 2010
CNNMoney.com — The U.S. economy grew at a slightly faster pace than originally thought during the last three months of 2009, according to a government report Friday. The report is another sign that the U.S. economy has pulled out of the deepest downturn since the Great Depression. The solid growth, the best improvement for the [...]
Posted in Market Insight on Mar 13th, 2010
AP – Retail sales posted a surprising increase in February as consumers did not let major snowstorms stop them from racking up purchases. The advance, the biggest since November, provided hope that the recovery from the Great Recession is gaining momentum.
“The economy is starting to accelerate,” said Christopher Rupkey, an economist at Bank of Tokyo-Mitsubishi [...]
Posted in Market Insight on Mar 12th, 2010
CNNMoney.com – The net worth of American households increased slightly during the final three months of 2009, the Federal Reserve said Thursday. For 2009 as a whole, household net rose $2.8 trillion, compared with a decline of $11.2 trillion in all of 2008.
Read the article here.
Posted in Market Insight on Mar 12th, 2010
Bloomberg – Treasury Secretary Timothy F. Geithner predicted the U.S. will rebound from the recession faster and more vigorously than other advanced economies. “We’re going to come out of this stronger than the other major economies and we’re going to come out more quickly.”
Read the article here.
Posted in Market Insight on Dec 3rd, 2009
Excerpt from WallStreetJournal.com
“The 30-year fixed-rate mortgage averaged 4.71% for the week ended Thursday, down from last week’s 4.78% average and 5.53% a year ago.”
“Earlier this week, the National Association of Realtors said its forecasting gauge of housing-market activity climbed to its highest level in more than three years in October. Last week, the association said [...]
Posted in Market Insight, News & Events on Nov 30th, 2009
Mortgage rates have fallen to 4.78% (30yr fixed) to match their lowest levels since 1971. When compared to this year’s highest rate (achieved in June) with today’s rate, you could save up to$1oo/mth on a $200,000 loan.
These great rates plus the new Federal Housing Tax Credit ($8k for new buyers and $6.5k for repeat buyers) make buying a home [...]
Posted in Market Insight, News & Events, Special Offers, Trilogy Rio Vista on Nov 17th, 2009
Economic Data Says Time to Buy is Now
Demand for homes will be increasing, particularly in Northern California, a fact underscored by newly released market data showing the Oakland metro area has the lowest months of home supply in the entire country, a dynamic which will drive price hikes in our region first. According to John [...]
Posted in Encanterra, Market Insight, Trilogy Vistancia on Nov 17th, 2009
An expanded version of the home-buyer tax-rebate program could jump-start the market for higher-priced homes and help sustain the booming low-end housing market, Phoenix-area real-estate analysts say.
Home builders, analysts and brokers said they hope the revamped program, expected to receive President Barack Obama’s signature today, will spur sales of homes priced from $250,000 to $800,000 [...]
Posted in Market Insight, News & Events, Special Offers, Victoria Gardens on Nov 17th, 2009
New Savings Available on Year-End Delivery Homes
New opportunities to save are available on our limited supply of year-end delivery homes. Four popular homes are available:
Chablis – lovely preserve lot home / Hyacinth – gorgeous furnished model home / Iris – beautifully appointed garden villa / Iris -scenic lake lot garden villa
These homes are all Shea [...]
