Tagged with Upper End Properties
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Economy Slow to Improve
Bonds and mortgage backed securities had a rocky week last week ending with a hammering on Friday believed to be caused by Bernanke’s comments that the economy continues to improve although it is happening very slowly. Bernanke also indicated that the Fed is ready to step in with more quantitative easing if necessary. Some experts [...]
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Trouble for the Housing Market
The treasury will be borrowing about $102 billion worth of 2 yr, 5 yr and 7 yr notes or roughly $2 billion less than it borrowed last month. July existing home sales are due out and are expected to be down roughly 13% while new homes sales are actually expected to have increased 3%. Existing [...]
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Economy in Recovery???
At the Federal Open Market Committee Meeting last week, the Fed came about as close as it could to assessing the near future of the nation’s economy as declining by stating “The pace of recovery is likely to be more modest in the near term than had been anticipated.” During the meeting, the Fed indicated [...]
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St. Louis and Leasing are Hot
A lot of people in St. Louis have become real estate investors…a lot of them not by choice. Don’t mistake this as a bad thing.
With the current conditions of the real estate market people have been able to purchase high end properties that they may not have been able to afford in a steady market. [...] -
Increase in Mortgage Bonds Leads to Lower Interest Rates
Last week proved to be another great week for the mortgage bond markets.
30 year conventional bonds increased 69 basis points, 30 year FHA bonds increased 100 basis points and 15 year conventional bonds increased 84 basis points. Overall these bond price increases led to a decrease in mortgage rates of approximately 8 basis points on [...]Categories: Real Estate, Upper End Properties -
Upper End Properties Makes Marketing Move
Upper End Properties would like to welcome Sean Hadley, a Public Relations/Marketing consultant who is the founder of CKC Communications. Sean is well versed with the inner workings of the St. Louis media scene. He is a former network news producer, who also worked for KSDK.
CKC Communications is a public relations and marketing [...] -
Sharing the Wealth: Upper End Properties Charitable Giving Program
At Upper End Properties, we consider our success and the success of the Saint Louis community one in the same. We strive to deliver our best service not only to those who are interesting in the real estate market, but also those who need us the most. Through our charitable giving program, we make donations [...]
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The Appointed Appraiser…Are You On Board?
Has anyone heard of this “code of conduct” involving real estate appraisals? The one that’s supposed to protect borrowers and lenders from faulty appraisals? Yea that one. Well, needless to say, it’s caused a whole lot of choas in the real estate industry.
“Mortgage brokers, appraisers and real-estate agents are up in arms over the new [...]Categories: Real Estate, Upper End Properties -
A New Year, A New House: 7 Tips for House Hunting in 2010
At Upper End Properties, we’re very excited about the new year and the new opportunities 2010 will bring. With the recent tax credit extension thats been put in place, many individuals will be looking to buy or sell new and used properties before the extension ends in April. We’ve decided to compile a list of [...]
Categories: Real Estate, Upper End Properties