Gregory Adkins Blog

Existing home sales at 1-1/2 yr-high, supply falls

Posted by Gregory Adkins on February 22, 2012 in No Category
  U.S. home resales surged in January to a 1-1/2 year high and the supply of properties on the market was the lowest in almost seven years, pointing to a nascent housing recovery. The National Association of Realtors said on Wednesday existing home sales increased 4.3 percent to an annual rate of 4.57 million units last month, the highest since May 2010. "Overall this is not such a bad number. It's reflective of a better jobs market, but the improvement is going to be in fits and starts," s... read more
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Home Builder Confidence Reaches Highest Level in Four Years

Posted by Gregory Adkins on February 15, 2012 in No Category
 Home builder confidence in the market for new single-family homes rose to its highest level in more than four years in February, according to a new survey released on Wednesday.   AP   Confidence on the National Association of Home Builder's monthly sentiment index jumped 4 points to 29. Fifty, however, is still the line between positive and negative sen... read more
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Preparing for a Move With Kids

Posted by Gregory Adkins on February 07, 2012 in No Category
  Whether you're moving across town or across the country, you'll want to do all you can to prep your toddler or preschooler for the big changes ahead. Here's a primer for preparing to move. To you, a move to a new house probably means more space, a better neighborhood, or even a brand-new start (and job). But to your toddler, it means leaving behind a place he knows and loves. (At least at first — the good news is little kids are extremely adaptable.) To help the family move go as smoothly as possib... read more
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Falling Unemployment Rates: the Bigger Picture

Posted by Gregory Adkins on February 07, 2012 in No Category
 Jobs have been added and the unemployment rate has been falling.  This is all good and we hope for continued progress.  However, we should at the same time be mindful of the anomaly of fewer people being added to the workforce recently.  Every year an additional 3 million people live in this country.  Therefore, the workforce – those with jobs or those looking for work – rises in most years.  Having said that, we have experienced the abnormal phenomenon of seeing no ... read more
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Mortgage Rates Probe New Lows

Posted by Gregory Adkins on February 06, 2012 in No Category
 Mortgage rates plunged to new all-time lows this week as investors in bonds that fund most home loans reacted to news that the economy grew more slowly than expected during the last three months of 2011. Freddie Mac's weekly Primary Mortgage Market Survey showed rates on 30-year fixed-rate mortgages averaged 3.87 percent with an average 0.8 point for the week ending Feb. 2, down from 3.98 percent last week and 4.81 percent a year ago. That's a new all-time low in Freddie Mac survey records dating to 197... read more
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