VIDEO – Commercial Real Estate Market – 2012 Predictions by Sherry Cooper
Posted on October 17th, 2011
Sherry S. Cooper is a Canadian-American economist. She is currently Chief Economist of BMO Capital Markets, with responsibilities for economic forecasting and risk assessment. She comments regularly in the press on financial issues. Here are her thoughts on the real estate market in North America.
Tags: Cooper, Sherry Cooper
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Mortgage Rates: Low Mortgage Rates Holding On Tight, Could Be at Risk
Posted on October 14th, 2011
Low mortgage rates are holding on tight, but could be at risk of rising after reports that were released today gave stocks a boost. Positive economic data was followed by a negative consumer sentiment report which is keeping stocks from increasing too much.
The lowest mortgage rates have been at risk of rising over the past week, but in the end, have been able to remain intact. Current 30 year fixed mortgage interest rates are at 3.875%, 15 year fixed mortgage interest rates are at 3.250% and 5/1 ARM loan rates are at 2.625%. More consumers have reduced their overall debt and cleaned up their credit in recent months just in time to access these low mortgage rates.
Tags: Low Mortgage, Low Mortgage Rates, Mortgage Rates, Risk
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Craft & Antique Show in Lynden This Weekend
Posted on October 13th, 2011
It’s coming! The start to my holiday crafting madness, the Lynden Craft and Antique Show. The smells of the hot cider being served, the piano being played and the sight of all the wonderful vendors, antiques and crafts, I love it!
This year’s show dates are this Thursday, Friday and Saturday the 13th-15th. The Lynden Craft and Antique Show is held at the Lynden Fairgrounds, parking is free and admission into the show is $5, $4 for seniors and children under 12 years old are free.
The show features tons of vendors, with Christmas and holiday crafts, food, art and more. I alwa
Tags: Antique Show, Lynden
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Purple Friday October 14, 2011
Posted on October 13th, 2011
It’s Purple Friday here in Baltimore, and I am ready after a relaxing BYE week.
Hopefully the Baltimore Ravens’ offense used their time off well and were able to strengthen their struggling offense.
This week I wore my Ravens gear and even got my nails painted purple .
The Ravens vs Texans game is at 4:05pm on Sunday, so get out & enjoy the beautiful weather we are supposed to have beforehand. Then hunker down and cheer our Baltimore Ravens to victory!
Happy Purple Friday!
GO RAVENS!
Tags: Friday, Purple Friday
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Existing Home Sales Jump; Home Supplies Falling
Posted on September 27th, 2011
Are home resales rebounding?
According to the National Association of REALTORS®, Existing Home Sales rose 8 percent in August from the month prior, and 19 percent as compared to August of last year.
“Existing homes” are homes that are previously owned; ones that cannot be considered new construction.
A total of 5.0 million existing homes were sold last month on a seasonally-adjusted, annualized basis. This is slightly better than the 12-month home resale average, a statistic partially powered by “distressed sales”. Distress
Tags: Existing Home, Existing Home Sales, Home, Home Sales
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