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FOR IMMEDIATE RELEASE
Contact: Fred Peralta, Executive Director, 575-758-2462
Treasures from the Vault: A Family Legacy
May 6 - August 24, 2008
Opening Reception
Tuesday, May 6th
5:30 - 7:30 pm
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Original Source: galleryrealtyoftaos.com
1 May, 2008| housingblogs |
Comments (0) @ 16:45
If I could put one question to UK banks it would be “how much debt can UK households take on before they think it is a problem?”Current levels of household debt are staggering. As of January this year, the ratio of total household debt to post-tax income was 167 percent. Since 2000, this ratio has increased by about 60 percentage points. This is a huge, historically unprecedented increase in overall indebtedness….
Original Source: ukhousebubble.blogspot.com
1 May, 2008| housingblogs |
Comments (0) @ 15:59
The Citizen Times reports from North Carolina. “The bursting of the real estate bubble took a big toll on the region’s homebuilding industry in the first quarter of 2008 as the number of building permits issued for homes and condominiums in Buncombe County fell by almost half. ‘In most markets, the level of production (of homes) far exceeded the capacity of the market to absorb it,’ said Dale Akins, CEO of The Market Edge.”
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Original Source: thehousingbubbleblog.com
1 May, 2008| housingblogs |
Comments (0) @ 15:02
Spending declined in March for residential, but increased to for non-residential private construction. The increase in March - to a new record high for non-residential spending - followed three straight months of spending declines.From the Census Bureau: March 2008 Construction Spending at $1,123.5 Billion Annual RateSpending on private construction was at a seasonally adjusted annual rate of $827.4 billion,1.7 percent below the revised February estimate of $842.0 billion. …
Original Source: feeds.feedburner.com/CalculatedRisk
1 May, 2008| housingblogs |
Comments (0) @ 14:59
Press Release: The Home Depot Updates Square Footage Growth Plans The Company has determined that it will no longer pursue the opening of approximately 50 U.S. stores that have been in its new store pipeline …Aggregate new store capital spending will be reduced by approximately $1 billion over the next three years …The Company reiterated that its total capital spending for the current fiscal year is projected to be approximately $2.3 billion, down from $3.6 billion last year….
Original Source: feeds.feedburner.com/CalculatedRisk
1 May, 2008| housingblogs |
Comments (0) @ 14:43
May 1st is RSS Awareness Day, and there are still a lot of people out there who don’t understand or use RSS feeds to get their news and information. I won’t go into a long explanation, as the video below has been viewed by tens of thousands, and is considered a great understandable explanation of RSS (Really Simple Syndication), how it works, and its useful features.
After you view it, if you want to give RSS a try, you might want to start with subscribing to this blog. Use the “Subscribe to Our Feed” link in the right bar or there is a link at the bottom of every one of our posts. The difference in the RSS subscription and the email newsletter description is timing and frequency. If you subscribe to the RSS feed, you’ll get a link in your feed reader every time a new post is entered. If you subscribe to the email newsletter, you’ll only get one email a month with the last ten or fifteen posts. To keep up with calendar events, the feed is MUCH better.
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Original Source: galleryrealtyoftaos.com
1 May, 2008| housingblogs |
Comments (0) @ 14:36
The Federal Open Market Committee cut the federal funds rate another 25 basis points to 2%. The WSJ breaks out the announcment FOMC statement in a feature called Parsing The Fed…
Original Source: matrix.millersamuel.com
1 May, 2008| housingblogs |
Comments (0) @ 14:31
For every action, there is an equal and opposite reaction. In other words, for housing to reach a bottom, something has to happen to cause it to change direction.
Something has to change or improve. In other words, something has to get better b…
Original Source: matrix.millersamuel.com
1 May, 2008| housingblogs |
Comments (0) @ 14:22
Taos real estate has enjoyed a sustained 10+ year run of steady price appreciation. I just posted about the current high inventory of homes listed,…
Original Source: farm2.static.flickr.com
1 May, 2008| housingblogs |
Comments (0) @ 14:08
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Original Source: www.mortgagenewsdaily.com
1 May, 2008| housingblogs |
Comments (0) @ 13:02
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Original Source: www.mortgagenewsdaily.com
1 May, 2008| housingblogs |
Comments (0) @ 13:02
From the Star Ledger:
A ticket to a lower gas bill
As gas prices continue to set records at the pump, more and more commuters are ditching longtime commuting habits and boarding trains and buses to get to work.
While NJ Transit officials say it’s difficult to measure the precise effect of escalating gas prices on ridership, they acknowledged that in recent months they have seen the number of passengers move in sync with rising gas prices. And with forecasts showing little chance for a let-up this summer, that trend could continue — meaning a major shift in habits for a state that has a long love affair with the automobile.
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Original Source: njrereport.com
1 May, 2008| housingblogs |
Comments (0) @ 11:05
Please post off-topic ideas, links and Craigslist finds here.
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Original Source: thehousingbubbleblog.com
1 May, 2008| housingblogs |
Comments (0) @ 11:05
From the NJ Judiciary:
Testimony by Judge Philip S. Carchman
Acting Administrative Director of the Courts
Senate Budget and Appropriations Committee
Fiscal Year 2009
Wednesday, April 30, 2008
Economic indicators tell us that by the end of this court year, case filings will reach historic highs. For example, foreclosure filings in New Jersey for the first quarter of 2008 exceeded 4,000 per month, a staggering 44 percent increase over the same period last year. This year we are on track to receive an anticipated 49,000 foreclosure filings. This is double the number we received in 2006, just two years ago. And our best estimate is that we may double this number yet again next year.
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Original Source: njrereport.com
1 May, 2008| housingblogs |
Comments (0) @ 10:20
The May issue of Oregon Business Magazine is out and guess what the lead story is……
Original Source: bp2.blogger.com/_oV8ecn5wrfg/SBlzWB9Hxh
1 May, 2008| housingblogs |
Comments (0) @ 9:12
Spring is here and inventory is either falling or flattening. This is true in every single region we track here at BMIT except for the lagging markets of Seattle, Austin, and San Jose. As one …
Original Source: bp2.blogger.com
1 May, 2008| housingblogs |
Comments (0) @ 8:40
Can’t sell it, can’t rent it? You’ve got company: [Thanks G!]
(more…)…
Original Source: housingdoom.com
1 May, 2008| housingblogs |
Comments (0) @ 8:01
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