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Nationwide New Home Sales Lowest In At Least A Half-Century – Sales Tumble 16.9% To Record Low

The Wall Street Journal MarketWatch is reporting today that new home sales absolutely collapsed by 16.9% in February to a record low. Well, there is no way that the mainstream financial media can spin this one positive. No way, no how. A few of the highlights:

“New-home sales fell 16.9% to a seasonally adjusted [...]

March 23rd, 2011 | Tags: , , , , | Category: Real Estate - National News | Leave a comment

The Daily Reckoning Says: “Why You Should Buy a House”

The Daily Reckoning, historically one of the more bearish pubs, has an interesting recent article analyzing the effects of inflation– which seems to be THE pronounced policy of the Fed– on the decision to buy a house today:

“Chairman Ben Bernanke promises to “promote inflation.” We take him at his word…and so do [...]

March 6th, 2011 | Tags: , , , | Category: Ocean City MD Real Estate, Real Estate - National News | Leave a comment

Ocean City’s Maryland Coast Dispatch Reports An Alleged Probe Sparking Condo Management Concerns

Ocean City’s Maryland Coast Dispatch reported yesterday that federal and local authorities may be investigating alleged improprieties in the management of  Ocean City Maryland area condominium projects:

“An ongoing local and possible federal investigation… for various resort area condominium associations…”

The Dispatch article raises the following question for those currently owning an Ocean City Maryland [...]

March 5th, 2011 | Tags: , , , | Category: Ocean City MD Real Estate | Leave a comment

Buying Or Selling A Home? Learn Whom You Can Trust Before A Slip Of The Lip

The Washington Post had a very good article earlier this month on the subject of real estate agents, and whom they represent. The full article is a must read for anyone considering shopping for a home this year. A few of the major points:

“It is vital that the buyer understand that the listing [...]

January 30th, 2011 | Tags: | Category: Ocean City MD Real Estate, Real Estate - National News | Leave a comment