Northwest Indiana Real Estate

December 2010 - Posts

• Personal Income- November 2010

  Personal income in November 2010 rose 0.3 percent. Nominal personal consumption expenditures (PCE) increased 0.4 percent and real PCE rose 0.3 percent. Nominal disposable income (DPI) increased 0.3 percent and real DPI rose 0.2 percent. The personal savings Read More... Posted Friday, December 24, 2010 7:52 AM by Tom Cofer | 0 Comments Filed under: Market Conditions

• New Residential Sales- November 2010

  Sales of new single-family houses in November 2010 were 290,000 at a seasonally adjusted annual rate, 5.5% above the revised October level, but down 21.2% from their year-ago level. Data supplied by the Economic and Statistical Administration Read More... Posted Friday, December 24, 2010 7:50 AM by Tom Cofer | 0 Comments Filed under: Market Conditions

• Gross Domestic Product- November 2010

  Real gross domestic product (GDP) grew at an annual rate of 2.6 percent in the third quarter of 2010, according to today’s third estimate. This follows a 1.7 percent growth rate in the second quarter. Data supplied by the Economic and Statistical Read More... Posted Wednesday, December 22, 2010 9:07 AM by Tom Cofer | 0 Comments Filed under: Market Conditions

• 1 1/2 Story For Sale in Trail Creek

  Includes Office Space and Residence • 1,388 sq. ft., 1 bath, 3 bdrm 1 1/2 story - MLS® $107,000 Trail Creek, LaPorte County - This property has a residence as well as a light commercial space. The residence has original woodwork and knotty pine. Read More... Posted Tuesday, December 21, 2010 7:44 PM by Tom Cofer | 0 Comments Filed under: Real Estate, For Sale

• 2010-2011 Re-modeling Trends (Costs vs Value)

  Slumping home values pulled the overall cost-to-value ratio down to its lowest level this decade, extending the downward trend that began in 2006. In fact, the slide from 63.8% to 60% in costs recouped is a slightly greater than last year's 3.5 point Read More... Posted Sunday, December 19, 2010 10:53 AM by Tom Cofer | 0 Comments Filed under: Community Information

• New Residantial Construction- November 2010

  Building permits in November 2010 were 530,000, down 4.0% from October and below 14.7% from November 2009. Housing starts were 555,000, up 3.9% from October, but down 5.8% from November 2009. Information provided by the Economic and Statistical Administratio Read More... Posted Thursday, December 16, 2010 3:46 PM by Tom Cofer | 0 Comments Filed under: Market Conditions

• Investments

  Big changes may be in the offing. Absent congressional action, on January 1, 2011: the 33% and 35% individual tax brackets will increase to 36% and 39.6%; the maximum tax rate for long-term capital gains will rise from 15% to 20% for most taxpayers; and Read More... Posted Thursday, December 16, 2010 7:52 AM by Tom Cofer | 0 Comments Filed under: Finances

• Home Values

  Home Value Losses Could Exceed $1.7 Trillion U.S. homes are expected to lose more than $1.7 trillion in value in 2010, 63 percent more than the $1 trillion lost in 2009, according to home listing and valuation service Zillow . Since the market peaked Read More... Posted Thursday, December 16, 2010 7:26 AM by Tom Cofer | 0 Comments Filed under: Market Conditions