Archive for the ‘Calvert County New Homes’ Category

Economists Predict Housing Recovery

Saturday, October 17th, 2009

Now is the time to make that purchase decision

Economic forecasters predict that 2010 will be the first year since 2005 for housing to contribute to the growth of the U.S. economy, according to a survey released by the National Association for Business Economics.

Home prices are expected to rise 2 percent next year, but forecasters don’t believe the increase in prices will discourage homebuyers.

More than 80 percent of economists surveyed by the NABE think the recession is over and recovery has begun, but they expect the expansion to be slow because unemployment persists.

Source: Associated Press, Mae Anderson (10/12/2009)

We can fix the Mears Ave. traffic backup…

Friday, October 16th, 2009

Brooke Kaine explains how our new TRADITIONS community will fix the Mears Ave. traffic backup

We’ve been working with the local Chesapeake Beach community on ways to transform our already approved 60 lot “sprawl” subdivision into an asset for the town. The newly proposed community, TRADITIONS, will be the most environmentally friendly and socially rich community Calvert County has ever seen, setting a new development standard for Southern Maryland. Along with the economic benefits TRADITIONS will bring to the town, we’re also proposing a contribution to the football and baseball amenities at  Kellams Field, and to fix the traffic congestion at the intersection of Mears Avenue (by Rolands and the Rod N’ Reel). Watch this video to learn how…

Visit www.TraditionsCalvert.com  – leave a comment, take the poll

TRADITIONS, a new way to create a real community

Saturday, October 10th, 2009

The way we used to live, and still want to.

We have an opportunity to transform a planned 60 lot “sprawl” subdivision into the most environmentally friendly and socially rich neighborhood Calvert County has ever seen. To make this happen, we’ll need your support. Please visit www.traditionscalvert.com, leave a comment, take the poll.

This vision can be a reality.

Thanks,

Brooke Kaine  brooke@kainehomes.com  301-943-1407

Trent Jaklitsch  jdgland@mac.com  410-474-5959

Home prices up for 1st time in 3 years

Thursday, July 30th, 2009

Index of 20 major cities rises on a monthly basis for the first time since July 2006, hinting that the worst of the declines may be over.

NEW YORK (CNNMoney.com) — The value of U.S. homes grew on a monthly basis in May for the first time in nearly three years, according to 20-city index released Tuesday.

The month-over-month increase was 0.5%, according to the report from financial data company Standard & Poor’s and economists Case-Shiller. It was the first increase in the monthly index since July 2006.

On an annual basis, home prices in the 20 cities fell 17.1%, but it was the second straight month that the year-over-year decline lessened.

“This could be an indication that home price declines are finally stabilizing,” said David Blitzer, chairman of the index committee S&P, in a prepared statement.

Steady home sales could be positive signal

Thursday, May 28th, 2009

April sales are a sign to some economists that the worst of the housing downturn may be over.

By Catherine Clifford, CNNMoney.com staff writer

NEW YORK (CNNMoney.com) — Sales of newly constructed homes were almost flat in April — but in a sickly housing market, economists saw a few reasons for hope.

The Commerce Department said new home sales ticked up 0.3% last month to a seasonally adjusted annual rate of 352,000. That was from a downwardly revised reading of 351,000 in March.

Analysts were looking for the rate of new home sales to rise to 360,000, according to a consensus estimate of economists compiled by Briefing.com.

“We aren’t seeing a huge upswing in market conditions. But we aren’t seeing things fall apart again, either,” said Mike Larson, real estate and interest rate analyst at Weiss Research, in a research note more… 

A Bit of Good News – Let's Hope It Keeps Going

Wednesday, March 18th, 2009

Housing Starts Rise in February

Housing starts rose 22% in February to a seasonally adjusted annual rate of 583,000, assisted in large part by a large (82%) gain in multifamily construction. Single-family starts also contributed to the February increase, rising 1% to 357,000. Permits increased 3% from January to a 547,000 annual rate with all of the increase due to a 11% advance in single-family authorizations.

New Poll Shows that the Home Ownership Dream Lives

Friday, March 6th, 2009

Tim Bryant

St. Louis Post-Dispatch

A national survey out today shows–perhaps to no one’s surprise–that most consumers still see home ownership as a big part of the American Dream.

The Trulia Inc. online survey last month of 2,076 adults found that more than three fourths of Americans consider home ownership part of their American dream.

But only 5 percent of the respondents said government economic incentives are the single most important thing President Barack Obama can do to stem the housing meltdown. More than half of those surveyed said job creation and security–together–is the most important thing Obama can do to restore faith in the dream of home ownership.

“We’re living in really unique times in housing,” Trulia CEO Pete Flint said this morning during a nationwide conference call Building Blocks monitored. “With all this doom and gloom, we see that three quarters of Americans see that home ownership is still part of their American Dream.”

A sense of community and having a place where the kids can play in the yard remain as powerful incentives for home ownership, Flint said.

But Greg McBride, senior financial analyst with Bankrate, told reporters homeowners must “adjust to the reality that housing is a long-term investment; it’s not a get-rich-quick scheme.”

 

All Real Estate Is Local, Thankfully

Wednesday, March 4th, 2009

While it’s tough to get any postive news these days, I ran across an article that will make you glad you live in this area.

Here’s a recent survey done by Hanley Wood Market Intelligence and Builder magazine listing the healthiest housing markets for 2009. Washington, D.C. was listed as #10 primarily due to strong job growth in the region. This is very positive news as most areas in the U.S. are experiencing significant job losses.

Brooke