USA GDP

US GDP up 5.7% in Q4 2009 – Is this the Beginning of the Recovery??

by admin January 29, 2010 Real Estate Market Update

US GDP up 5.7% in Q4 2009 – Is this the Beginning of the Recovery??

Who knows for sure. But I have to tell you, the real estate world had a lot to do with that jump. Investors, first time home buyers and move up buyers bought homes last year at record levels. Most, nearly 60%, …

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USA: ECONOMY SURGES 3.5% IN Q3

by admin October 29, 2009 Real Estate Market Update

Wow, I am loving it! GDP jumps 3.5% in Q3! With the resurgence of the housing market since the beginning of the year, we are now seeing economic growth. Well, what did you expect? With 60% of sales being REO/Bank Owned and 12% being Short Sales, a great portion of which need complete remodeling. This …

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