A couple of things…The Consumer Conference Board’s measure of confidence is due out next Tuesday. In August, the Consumer Confidence climbed to 53.5 from 51.0. Although it may be up from last February 2009 when it was at 26.0, the confidence index NEVER dipped below 60.0 during the last recession. The Consumer Confidence Index to…
I am copying this comment from the Wells Fargo Securities weekly report dated September 17, 2010: Record low mortgage rates have not yet produced much of a lift for home sales. Sales of both new and existing homes appear to have risen modestly following their sharp declines in July in the wake of the expiration…
HousingStartsRoseInAugust2010Surprisingly good news…keep your eye on the pendulum. Source: Wells Fargo Securities
1stTimeHomebuyers.LessExpensiveHomesFrom the National Association of Home Builders came this report. Very interesting.
CREChartbook – Q2.2010 This is from Wells Fargo Securities, thought that it was good, enjoy.
Inventory levels are still excessively high. It appears that the month of July has set a new record in this market for inventory levels when there were (on July 15th, 2010) 594 listings of residential properties in Douglas County. Total listings in the MLS were 688 listings at the peak. Both numbers are at the…
Go to this website: www.demography.state.mn.us/resource.html?Id=19171 (or click on this article as it is linked to the State’s website for demographics) for complete upload on the State and Douglas County demographic info. The County IS growing and IS expected to continue to grow. This is where you want to buy real estate for the future…positive demographics!…
SKMBT_C25210091006260 I have uploaded from the State Demographic Center the current data. The one thing most interesting is the aging of the population. The western borders will lose people, the metro areas will gain people. Douglas County is expected to grow consistently. Good demographics for this area for the future. Source: Minnesota State Demographic Center
Three Phase Power Grid for Douglas County Enclosed is the Three-Phase Power Grid for Douglas County. If you may ever need to know where that might be for business/industrial use…I thought that it was cool…just storing it here in my blog for all. Anyone reading my blog…anything that you would like to see…what can I…
I was scanning the TV channels last week and came across Dick Morris speaking. He was Bill Clintons political strategist. He said something that made me think. He said that since the time that George Washington took the office till the time that Barack Obama took the office that this country had borrowed 9 trillion…
