Archive for the 'Economy' Category

President Signs Housing Rescue Bill

August 9th, 2008

As reported in the news last week, President Bush signed in to legislation a bill that will expected to bring greater stability to housing markets nationwide. The bill, strongly supported by the NATIONAL ASSOCIATION OF REALTORS, will help some 400,000 home owners refinance into affordable, government backed loans and offer a temporary first-time home buyer […]

Is the Economy as Bad as It Looks and Sounds?

June 27th, 2008

I read a news article today that was sent from one of our preferred local lenders. The article talked about the state of the economy as compared to what it was in the late 70’s and early 80’s. As some of you may know, that time period was a tough time for the economy, after […]

Sussex County Real Estate Sales Are Looking Good in 2008

May 28th, 2008

We are just about half way through 2008 and things are really starting to pick up in the real estate market. Sales in Sussex county Delaware are looking extremely good. To date, Realtors in Sussex county Delaware have made over 560 sales in 2008. That is a pretty solid number considering all the talk in the news of […]

The Main Stream Media is Full Of ….

May 8th, 2008

My broker, Rob Harmon, was going over some numbers yesterday that were rather interesting. As many of you hear everyday on the mainstream media, the  real estate market is not doing well at all. Well, the information I received yesterday from Rob shows that may not be the case at all. Read on and I will tell […]

Slow Market? Down Economy?

April 4th, 2008

We have been hearing a lot of talk on the news and seeing print in  the newspapers about a slow real estate market and economy in general. The facts are, yes the economy is a little down right now. However, it has not stopped and is certainly not as bad as all the news outlets try […]