A dip in home construction was reported by Toll Brothers, the prevailing company in luxury homebuilders. The price of shares dropped to $1.07 per share from $1.27. Investment buyers, who are now sellers, as well as homebuilders who have overbuilt are the source of this drop, according to top executives.
Toll Brother's is "well prepared" to handle the current situation. There are still plenty of great Chapel Hill homes on the market, so there's no need to frett. More ...
Posted on Monday, August 18, 2008
Based on data from the United States Commerce Department, this past May showed a surge in new home sales. This is wonderful news for Chapel Hill real estate . New, single family home sales rose by 4.6 percent, said market analysts.
This boost stunned economists. Because of soaring mortgage rates, the market was expected to slow down. Only a minimal slowdown is predicted even though the mortgage rates are expected to keep rising over the next few months. Now might be the perfect time to buy a great Chapel Hill home . More ...
Posted on Sunday, August 17, 2008
Becoming a victim of identity theft can influence your chance of completing a Chapel Hill real estate transaction. Identity theft is going to be looked at by Congress as they evaluate email phishing scams.
When a person or organization pretends to be a creditable company, like PayPal or a large bank, and acquires sensitive information deceptively, they are participating in phishing. It is extremely important to keep an eye out for email that looks peculiar. When it doubt, report any email that you think is a scam. More ...
Posted on Friday, August 15, 2008
Chapel Hill real estate is seeing a new trend. Young singles, in particular women, make up the majority of new homeowners. Actually, there was a 6 percent jump in female buyers between 2001 and 2005.
The majority of young singles are looking for a safe neighborhood, closeness to entertainment and nightlife, and affordability. Recent immigrants and minorities make up more of the buying market. To build equity so that a bigger home can be obtained, many are beginning with condos. Finally, retirees and empty-nesters are downsizing and migrating to like-minded communities. They are through with gigantic houses and prefer to live in smaller homes, near friends and entertainment. More ...
Posted on Friday, August 15, 2008
Free music downloads are being used to sell everything from office supplies to cleaning products. Will Chapel Hill real estate be next? Everybody, from preteens to the young at heart, are attracted to digital rewards. The demand for free music is steady, with no sign of slowing down.
The explanation of why free music downloads are so widespread is that they are rather easy to earn. Consumers simply cash in all the points they rack up. Companies have a better chance of repeat clients once they begin providing these incentives. Maybe one day, Chapel Hill real estate will offer a free song or two with each transaction. More ...
