by Joe McAuliffe | Jul 25, 2011 | Cup O' Joe, Economic Considerations
Most buyers are aware of the fact that good news can have an adverse impact on their ability to get a great “deal” on a home. The same news that may reassure buyers that it’s time to move forward with a purchase, can reinforce seller’s belief that a recovery is just...
by Joe McAuliffe | Jun 28, 2011 | Cup O' Joe, Economic Considerations
The “Not So” fun facts about Distressed Property According to the Mortgage Bankers Association, mortgage delinquencies are unchanged in the past year. 8.1% of all mortgages, of 4.2 million homes, are either seriously delinquent or in foreclosure. According to...
by Joe McAuliffe | Apr 25, 2011 | Cup O' Joe, Economic Considerations, Uncategorized
Recent buying activity in housing and an improving economy have lulled some Sellers into a false sense of security. Although there are many signs of a better market ahead, Sellers are advised to be skeptical as they consider Buyer Offers. An increase in pending...
by Joe McAuliffe | Apr 6, 2011 | Cup O' Joe, Economic Considerations
The QE2 Update – Between a Rock and a Hard Place Most of us know that the Fed can create an “Artificial Economy”, or prop the economy up by: Keeping the Fed Fund Rate low- (close to zero now). Pouring money into the economy to keep liquidity high. The Fed...
by Joe McAuliffe | Mar 25, 2011 | Cup O' Joe, Economic Considerations
This is another good one for you to send to buyers… Where Should You Put Your Money? How does the return on real estate compare to the return from stocks since January 1, 2001? Real estate has appreciated 45% without recovering yet. Dow is up 5.8%. S&P is down...
by Joe McAuliffe | Mar 24, 2011 | Cup O' Joe, Economic Considerations
February’s Housing Stats Show No Recovery Yet New and existing housing once again posted records for poor performance. Consider these key facts as reported by the Commerce Department this week for February: Existing Home Sales: Dropped 9.6% to a seasonally adjusted...
