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21093 Home Sale Statistics November 2011

Posted on December 31st, 2011

November 2011 showed a large jump in Timonium home sales over the same period last year.

13 more homes changed hands than last year, with 40 settlements that happened.

An interesting statistic is that 23 detached homes sold, versus 9 last November. There are many small cape cod and rancher style homes that, in this market, are selling under $300,000, which could explain the large jump in sales, yet the slight drop in price.

Homes in Timonium are staying on the market a bit longer as well — 100 days on average for those that sold last month, versus 81 days last year. That’s almost an additional three weeks to sell your home in this real estate market! One

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Tags: 2011, Home Sale, November 2011
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For Sale By Owner Tip

Posted on December 15th, 2011

When selling a home or a real estate in Canada, one should realize that a long, tedious process will be experienced before achieving the much wanted sale. Due to the expected stress, a lot of people then rely the selling on the trusty help that a real estate agent offers; convenient and less time consuming. However, no matter how handy it may be to work with a real estate agent, a few drawbacks are still present – the biggest one being the requirement of giving out necessary commissions. G

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Tags: Sale, Sale Owner
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TIPS – Treasury Inflation-Protected Securities – How to Know When to Invest

Posted on December 13th, 2011

Is adding a TIPS to your portfolio a good idea? Most investment advisors will tell you yes, of course it’s a good idea. But that’s not necessarily true. For the sophisticated investor, the decision to do so depends on your personal view of the economy and future inflation expectations. It also depends on what you think will happen with the budget talks in Washington and the US’s ability to rein in its massive Federal debt. Lastly, it depends on how others view the same prospects.

TIPS were created as a means to help safeguard and preserve consumer buying power in times of upward inflationary pressure on prices.  The Bureau of Labor Statistics publishes the CPI-U mid-month and it is used to adjust – up or down – the TIPS principal on a semi-annual basis.  

I

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Tags: Invest, When Invest
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Holiday and Winter Home Fire Safety Tips

Posted on December 11th, 2011

Holiday Home and Winter Fire Safety Tips

Residential fires take their toll every day, every year, in lost lives and destroyed property. The fact is that many conditions that cause house fires can be avoided or prevented by homeowners. Taking the time for some simple precautions, preventive inspections, and concrete planning can help prevent fire in the home — and can even save your life should disaster strike.

All electrical devices including lamps, appliances, and electronics should be checked for frayed cords, loose or broken plugs, and exposed wiring. N

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Tags: Fire Safety, Fire Safety Tips, Safety Tips, Tips
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Mortgage News 9/12/11 – Australia Rates Drop :: Applications Up

Posted on December 11th, 2011

Reserve of Bank of Australia Lowers Rates But Will Lenders Follow Suit?

On Tuesday evening the Reserve of Bank of Australia reduced the interest rate by 25 basis points.  Although not as badly affected by the economic events of 2008 onwards and the current fun and games in Europe, Australia is still a moderate player in the global economy and events around the world effect it accordingly.  The RBAs stance in lowering the rate reflects the challenging economic conditions in Australia and around the world.

The big question for mortgage holders in Australia will be whether the big four banks Australia and New Zealand Banking Group Ltd, Commonwealth Bank of Australia, Westpac Banking Corp, National Australia Bank Ltd follow the prompt and pass the decrease on to the customers.  

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Tags: Rates, Rates Drop
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