The Southwest Johnson County Referral and Networking Group meets every Friday morning from 7:30-8:30 am at the Tumbleweed Grill. The cost to attend is bring 35 business cards. The cost to be a full member is bring a smile!
Monday, January 04, 2010
Find out the value of your Olathe, KS. home, today!
Find out the value of your Olathe, Kansas home, today!
Posted by the Olathe Real Estate Marketing Master http://Olathe.DowellTaggart.com
Sunday, January 03, 2010
View the updated list of Sexual Predators in Johnson County, KS. including Olathe - http://ping.fm/ofMaR
Looking to sell a home in Olathe, KS.? Checkout the Olathe Real Estate Marketing Master http://ping.fm/rwrk8
Saturday, January 02, 2010
Olathe New Home Guide - Find the perfect builder and/or new home in Olathe, Kansas: http://ping.fm/FFRtZ
Friday, January 01, 2010
Kansas State Basketball Coach, Frank Martin, Earns Honor From CollegeInsider.com http://ping.fm/hPmK3
Thursday, December 31, 2009
Will you become a Millionaire in Kansas today? One lucky person from Kansas will become rich by noon. http://ping.fm/lLyL8
Wednesday, December 30, 2009
Tuesday, December 29, 2009
Monday, December 28, 2009
Homeownership in U.S. May Decrease
Homeownership in U.S. May Decrease, New York Fed Study Finds.
(Bloomberg) — The rate of homeownership in the U.S. may fall in coming years as households rebuild equity wiped out by the worst slump since the Great Depression, according to a study by economists at the Federal Reserve Bank of New York.
“The official homeownership rate will likely experience significant downward pressure in the coming years,” Andrew Haughwout, Richard Peach and Joseph Tracy wrote in a paper posted on the bank’s Web site. Owners whose mortgages are larger than the properties are worth “very likely will convert officially to renters,” assuming prices don’t climb in the next several years, they said.
U.S. homes have lost about $5.9 trillion in value since the market’s peak in March 2006 as mounting foreclosures and the recession weighed on prices, according to Zillow.com. The homeownership rate peaked at 69 percent in 2006 and has since dropped to 67.3 percent, a level not seen since 2000, the authors wrote.
A drop in homeownership would have broader implications for the economy, boosting the national savings rate, they said.
Kansas City RE/MAX
(Bloomberg) — The rate of homeownership in the U.S. may fall in coming years as households rebuild equity wiped out by the worst slump since the Great Depression, according to a study by economists at the Federal Reserve Bank of New York.
“The official homeownership rate will likely experience significant downward pressure in the coming years,” Andrew Haughwout, Richard Peach and Joseph Tracy wrote in a paper posted on the bank’s Web site. Owners whose mortgages are larger than the properties are worth “very likely will convert officially to renters,” assuming prices don’t climb in the next several years, they said.
U.S. homes have lost about $5.9 trillion in value since the market’s peak in March 2006 as mounting foreclosures and the recession weighed on prices, according to Zillow.com. The homeownership rate peaked at 69 percent in 2006 and has since dropped to 67.3 percent, a level not seen since 2000, the authors wrote.
A drop in homeownership would have broader implications for the economy, boosting the national savings rate, they said.
Kansas City RE/MAX
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