But the parallels are raising alarms among many economists, even those who acknowledge that there are important differences between homes and stocks that significantly reduce the chances of another meltdown. …As high as they might seem now on the coasts, home prices nationally have not quite doubled over the last decade; during the 1990’s, the Standard & Poor’s 500-stock index more than quadrupled. …”Analysts have…
Remodeling a kitchen – virtually!
There are so many options: the basic layout, cabinet configurations, styles, colors, lighting and more, plus practical issues of budgets, contractors, plumbing, appliances and on it goes. …Enter the Web — the electronic stand-in for stacks of shelter magazines and countless trips to design centers and appliance stores…. But special-interest surfing is a more efficient way to assemble a cost-effective project. When the market slows,…
Lied to again.
Rather than go into the details, vet your Realtor before working with him or her…. Realtors like this one make the rest of us look bad.
Health club opens in Fluvanna
Good news for everybody in Fluvanna! The Health Nutz club has just opened up…. Despite the fact that they have apparently misspelled “Nuts” they should be very successful. In a further sign of the growth, 6.35 acres just came on the market near Lake Monticello that should become a very good investment for somebody.
Rates are rising
The Federal Reserve Tuesday raised interest rates again, boosting the federal funds rate by a quarter percentage point to 2.75%. While the mortgage markets already increased their rates anticipating the Fed action, similar increases throughout the year could impact real estate sales. “We see the Federal Reserve continuing to raise rates for the next five meetings,” says Lawrence Yun, senior economist for the National Association…
Slow blogging
I've been busy working on real estate today ... will try to pick up the pace later today ...
To rent or to buy?
Potential home buyers increasingly are facing a difficult economic and emotional quandary: Soaring housing prices in many parts of the country have made renting a bargain.