Everybody in real estate knows the rap against “green” and energy efficiency improvements to existing homes: Owners can invest a lot of money and save on utility bills, but then when they go to sell they often find it’s tough to get paybacks through higher prices on their homes. Complicating the situation is the fact…Read More »
Archive for August, 2013
Industry push to raise visibility of home energy efficiency improvements
Wednesday, August 14th, 2013
Rate paralysis creates illusion of stability
Saturday, August 10th, 2013
Long-term rates have been unchanged for a month and a half, the 10-year T-note between 2.5 and 2.7 percent, mortgages near 4.5 percent. That stability is an illusion. Trading desks now labor in deafening toe-tapping, pencil-drumming, fidgeting and superstitious desk-rearranging (and sock selection) as everyone waits for the economy to declare itself. Will the…Read More »
Long-term rates have been unchanged for a month and a half, the 10-year T-note between 2.5 and 2.7 percent, mortgages near 4.5 percent. That stability is an illusion. Trading desks now labor in deafening toe-tapping, pencil-drumming, fidgeting and superstitious desk-rearranging (and sock selection) as everyone waits for the economy to declare itself. Will the…Read More »
More reminders that economy is not Obama’s strength
Tuesday, August 6th, 2013
The net result of a Fed meeting and a blizzard of brand-new data for July: Long-term rates are unchanged. But some other things are creaking along. The Fed’s post-meeting statement downshifted from “moderate” growth to “modest” (the words are synonyms in ordinary English, but not at the Fed). At 1.7 percent, annual GDP growth…Read More »
The net result of a Fed meeting and a blizzard of brand-new data for July: Long-term rates are unchanged. But some other things are creaking along. The Fed’s post-meeting statement downshifted from “moderate” growth to “modest” (the words are synonyms in ordinary English, but not at the Fed). At 1.7 percent, annual GDP growth…Read More »
Taking care of the buyer’s inspection is a questionable business practice
Saturday, August 3rd, 2013
Some agents think they are providing customer service when they choose an inspector and set up the buyer’s inspection. The practice is so common that when I work with other agents, they ask me who my inspector is, or they tell me who theirs is. I don’t have an inspector. Real estate agents who take…Read More »
Some agents think they are providing customer service when they choose an inspector and set up the buyer’s inspection. The practice is so common that when I work with other agents, they ask me who my inspector is, or they tell me who theirs is. I don’t have an inspector. Real estate agents who take…Read More »
Recent Comments