Federal Reserve Board held the FOMC(Federal Open Market Committee) meeting today and released the statement regarding their assessment of the US economy. In the statement, they insisted that the unemployment rate is still elevated and therefore the US housing sector remain depressed.
And they also maintained that they are concerned about strains in global financial markets that continue to pose significant downside risks to the US economic outlook. That means that US housing outlook will be somewhat pessimistic over coming quarters, Fed suggested. It would be hard to have your property in the Bronx or Brooklyn NY where the foreclosures are flooding into the market.
However, if you need to sell your property fast, there is always a way to do that. Please visit our website for details.
Wednesday, December 14, 2011
Saturday, December 3, 2011
Sell Your House By Christmas or the Year End. We Buy Houses "As Is" All Cash
As Local Experienced Real Estate Investors, We Buy Houses in Any Condition and Situation for CASH. And we can close very quickly. In many instances within 14 days or less. We target houses in Brooklyn, the Bronx NY and the surrounding areas.
If you sign the contract with us by the second week of December, it is very likely that you can walk away with CASH Before Christmas or the End of the Year.
Handyman Specials, Fixer Uppers and Houses that need TLC(tender loving care) are our specialties.
Since we are NOT realtors, you do NOT have to pay any commission.
Please Call Our Toll Free 24 hour Recorded Message System at 1-888-282-0423. Ext. 1
For more info, please visit our main website
If you sign the contract with us by the second week of December, it is very likely that you can walk away with CASH Before Christmas or the End of the Year.
Handyman Specials, Fixer Uppers and Houses that need TLC(tender loving care) are our specialties.
Since we are NOT realtors, you do NOT have to pay any commission.
Please Call Our Toll Free 24 hour Recorded Message System at 1-888-282-0423. Ext. 1
For more info, please visit our main website
Wednesday, November 30, 2011
The Downturn Trend in US Housing Prices Still Going On
The latest US Housing Price index has fallen once again. The S&P Case-shiller Housing Price Index fell by 3.6% in September, compared to one year ago, S&P reported Tuesday.It has been going down 12 months in a row.
Considering the above, the US Housing Market is still in distress and the Prices haven't hit the bottom yet.
In this market, it is very hard to sell your house. But there is always a way to have your property sold very quickly for CASH. Here is information about how Brooklyn and Bronx Cash Investors can help you.
Considering the above, the US Housing Market is still in distress and the Prices haven't hit the bottom yet.
In this market, it is very hard to sell your house. But there is always a way to have your property sold very quickly for CASH. Here is information about how Brooklyn and Bronx Cash Investors can help you.
Thursday, November 24, 2011
Housing Prices will stagnate through next year, most economists say
CNBC, the most respected Business News Channel, reported today that U.S. home prices will stagnate through next year and only start recovering in 2013, citing a poll of economists done by Reuters.
In fact, the median sales price for existing homes was 4.7 percent lower in October than it was a year earlier, reported National Association of Realtors this Monday.
On top of that, 33% of Realtors say they've had at least one contract cancelled in October, up from 18% in September.
Considering these, most economists say home prices will keep falling, by at least 5%, through the rest of the year. Many forecasts don't anticipate a rebound in prices until at least 2013.
However, there is still a way to Sell Your House Fast for Cash. Click here for more info.
In fact, the median sales price for existing homes was 4.7 percent lower in October than it was a year earlier, reported National Association of Realtors this Monday.
On top of that, 33% of Realtors say they've had at least one contract cancelled in October, up from 18% in September.
Considering these, most economists say home prices will keep falling, by at least 5%, through the rest of the year. Many forecasts don't anticipate a rebound in prices until at least 2013.
However, there is still a way to Sell Your House Fast for Cash. Click here for more info.
Thursday, November 10, 2011
US Property Values are Still Goind Down with More Foreclosures
The median price on existing home sales fell in most of the 150 metropolitan areas in the third quarter this year(from July to September 2011), reported the NAR (National Association of Realtors) Wednesday.
Home prices on single-family homes declined in 111 of the 150 metro areas surveyed.
The national median existing single-family home price hit $169,500 in the third quarter, which fell by 4.7% from the same period in 2010.
In the meantime, Foreclosure activities picked up in October 2011.
There were 230,678 default notices, scheduled auctions or bank repossessions on U.S. properties in October, a 7.4% increase from September.
In addition, First-time default notices were filed for 77,733 U.S. properties in October, a 10% increase from September.
In this environment, it is very hard to have your property sold. However, there is always a way to sell it for ALL CASH. For more info, click here.
Home prices on single-family homes declined in 111 of the 150 metro areas surveyed.
The national median existing single-family home price hit $169,500 in the third quarter, which fell by 4.7% from the same period in 2010.
In the meantime, Foreclosure activities picked up in October 2011.
There were 230,678 default notices, scheduled auctions or bank repossessions on U.S. properties in October, a 7.4% increase from September.
In addition, First-time default notices were filed for 77,733 U.S. properties in October, a 10% increase from September.
In this environment, it is very hard to have your property sold. However, there is always a way to sell it for ALL CASH. For more info, click here.
Wednesday, October 26, 2011
Prices of New Homes Are Down in September, more than 10% from a year ago
Sales of new homes rose for the first time in five months during September, but prices continued dropping, according to fresh data released Wednesday by the Commerce Department.
Sales climbed by 5.7% on a monthly basis to a seasonally adjusted annual rate of 313,000.
While sales increased, the median price in September for a new home fell to $204,400,— the lowest since October 2010. This is down 10.4% from a year earlier. Though falling prices make property more affordable, the downward trend tends to discourage would-be buyers, who wait for a better deal, which may pressure the weak US housing market even to go down further.
However, Still You Can Sell Your House for Cash Super Fast. Here is more details...
Sales climbed by 5.7% on a monthly basis to a seasonally adjusted annual rate of 313,000.
While sales increased, the median price in September for a new home fell to $204,400,— the lowest since October 2010. This is down 10.4% from a year earlier. Though falling prices make property more affordable, the downward trend tends to discourage would-be buyers, who wait for a better deal, which may pressure the weak US housing market even to go down further.
However, Still You Can Sell Your House for Cash Super Fast. Here is more details...
Thursday, October 20, 2011
US Existing Home Sales Fell Again in September...
Sales of existing homes fell in September, suggesting that the US Housing market continues to be suffering from consumer pessimism and the high unemployment above 9 percent.
Purchases in September dropped 3.0 percent to a 4.91 million annual rate, reported the National Association of Realtors.
The median price dropped 3.5 percent from a year ago levels to $165,400.
In addition, the cancellation rate was still high as 18% of real-estate agents reported at least one.
Considering the above, many economists believe that the US Housing market will NOT come back until the end of 2012 or possible later.
Still You Can Sell Your House for Cash Fast. Learn More.
Purchases in September dropped 3.0 percent to a 4.91 million annual rate, reported the National Association of Realtors.
The median price dropped 3.5 percent from a year ago levels to $165,400.
In addition, the cancellation rate was still high as 18% of real-estate agents reported at least one.
Considering the above, many economists believe that the US Housing market will NOT come back until the end of 2012 or possible later.
Still You Can Sell Your House for Cash Fast. Learn More.
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