2014
Aug
04

Good News Keeps Coming

The road to recovery remains steady in America. The media are regularly reporting that housing numbers are continuing to head in the right direction; up. Property prices are increasing, foreclosures are reducing and consumer confidence is swelling. While buyer numbers may bounce back and forth from month to month the desire is there, they write, and improving prices are a reflection of this. Many investors, who for the most part are purchasing all in cash, are proving healthy competition to regular homebuyers. This competitiveness is further driving up prices, with some areas experiencing jumps as high as 20+ percent. For those renting their homes, they can take comfort knowing they will…
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2014
Jul
28

A Bright Shining Light

There's more good news coming out of Memphis these days.  Last year in the US, an astounding 11,000 new jobs were introduced  in just one month, dropping the unemployment rate to 7.8, and placing it in line with the national average. Growth was seen across professional and business services, as well as in manufacturing. Reports also showed that, between 2012 and 2013, employment increased by an overall 58,400 jobs.  With the addition of all these opportunities, it's no wonder that four new charter schools are also being built in Memphis. Tennessee is being recognised as a developing city, with a great deal of potential. "We want the community to know positive things are happening," said …
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2014
Jul
21

A Positive Loop

Bank of America strategists have announced that the "positive feedback loop has begun" in the American real estate market, according to business reporters, The Financial Post.  The expected gain to property prices in 2013 was projected at 8 percent, with an ever-improving forecast of up to 14 percent through to 2015. The FP reported that after six years of crashing, burning and stagnating, the property market is finally shooting higher. It's "gathering momentum," said U.S. property economist Paul Diggle, and "we think the rebound in the market is sustainable." This drastic rise to home prices started in 2012 as unemployment declined, mortgage rates fell to record lows and the pool of list…
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