WASHINGTON (AP) – Sept. 25, 2009 – New U.S. home sales posted a tepid 0.7 percent increase last month, missing Wall Street expectations and providing more evidence that the housing market recovery remains tentative. The Commerce Department said Friday sales inched up to a seasonally adjusted annual rate of 429,000 from a downwardly revised 426,000 […]
Archives: September 2009
Fed survey shows U.S. recession may be over
WASHINGTON (AP) – Sept. 10, 2009 – The recession is ending and the U.S. economy is finally growing again. That’s the message implicit in the Federal Reserve’s latest survey of businesses around the country, which found economic activity stabilizing or improving in most regions. Economists warn the expansion is fragile and will have staying power […]
September 2009 MLS stats for the Pinellas County Real Estate Market
The light is now in sight! We can see the recovery of the real estate market in full swing. Inventory levels are way down, sales are up and mortgage rates are around 5%.. If now’s not a good time to buy that home you have been thinking about, I don’t know when would be. Review […]