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Market Reports : Jen Hudson’s Blog
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Archive for the 'Market Reports' Category

Smokey Point Building Project - and it’s a good one!

Jen Hudson -

Published: Monday, August 2, 2010
Developer planning Smokey Point project
Not ready to retire, “Red” Jacobsen plans a hotel, retail and condo complex.
By John Wolcott
For The Herald
SMOKEY POINT — Developer “Red” Jacobsen, creator of Park Place Center, Creekside Village and other structures in the Mill Creek Town Center, is dreaming again.
This time, he has plans for a […]

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USDA Rural Housing Funding Update

Jen Hudson -

USDA Rural Housing Funding
On May 26, Department of Agriculture Secretary Tom Vilsack, authorized the issuance of Conditional Commitments for USDA’s Section 502 Single Family Housing Guaranteed Loan Program beginning immediately and continuing until $2.5 billion in loan limits is exhausted. The decision to increase the commitment authority will provide the guarantees needed to assist rural […]

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Housing Recovery Starts in 2011, Says Panel of Industry Experts.

Jen Hudson -

Housing Recovery Starts in 2011, Says Panel of Industry Experts.  05/21/2010 By: Carrie Bay
The housing recovery is just around the corner – at least that’s the consensus among a panel of 92 well-known industry economists and analysts.
The Madison, New Jersey-based analytics firm MacroMarkets LLC, founded by Robert Shiller, real estate sage and father of the […]

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Whoops! Mt. Vernon Developer fined $134k. Take Care of Your Streams.

Jen Hudson -

Mount Vernon real estate developer fined $134K
May 6, 2010 - The Puget Sound Business Journal
The Washington state Department of Ecology said it’s fined a Mount Vernon real estate developer $134,000 for destruction of a steelhead and salmon stream.
David Milne, according to the state, mismanaged a 40-acre construction site two years […]

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Distressed Sales on the Rise Again.

Jen Hudson -

Distressed Sales Again on the Rise, Reaching 29% in January and Nearly 1 Million Distressed Sales During the Last Year

CoreLogic  released its first monthly report on distressed sales activity. The report below indicates
that distressed home sales – such as short sales and real estate owned (REO) sales – accounted for 29 percent of all sales in […]

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CAPITAL GAIN TAX INCREASES ARE COMING!

Jen Hudson -

The following article is courtesy Ken Tharp with Iowa Equity Exchange.  To read the entire article, please visit http://www.iowaequityexchange.com/Page.aspx/52.

Apr 9, 2010
Look out ahead, folks! The combination of two upcoming changes to federal capital gain taxes will have a tremendous impact on those of us who own land, invest in real estate, own stocks […]

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This week in housing & finance… 2/8/10.

Jen Hudson -

INFO THAT HITS US WHERE WE LIVE The Pending Home Sales Index recovered from its November slump, increasing 1.0% in December, putting it 10.9% over its level of a year ago. National Association of Realtors chief economist Lawrence Yun sees “…a broad improvement over year-ago levels. December activity was the fifth-highest monthly tally in two […]

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Just Released: Fannie Mae Announces 3.5% Assistance on HomePath Properties.

Jen Hudson -

Fannie Mae Announces 3.5 Percent Seller Assistance on HomePath® Properties

Incentive Part of Ongoing Effort to Stabilize Neighborhoods
WASHINGTON, DC — Fannie Mae (FNM/NYSE) announced today that people purchasing a Fannie Mae-owned HomePath® property will receive up to 3.5 percent of the final sales price to be used toward closing cost assistance or their choice […]

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Foreign Real Estate Investors Favor the U.S.

Jen Hudson -

Foreign Real Estate Investors Favor the U.S.
Jan 19, 2010 - CRE News A majority of foreign real estate investors favor the United States and are poised to increase their activity here this year.
Their allocations for equity investments in U.S. commercial properties this year are up 62% from a year ago and their […]

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This week in housing & finance… 1/18/10.

Jen Hudson -

For the week of January 18, 2010.
INFO THAT HITS US WHERE WE LIVE Our hearts go out to the people of Haiti recovering from the terrible tragedy of last Tuesday’s earthquake. We know everyone’s thoughts are with the Haitians. It has been inspiring to see the American people support the relief efforts in so many […]

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