Cord Moving Reports: Mortgage Rates Down Slightly This Week
Mortgage rates were down slightly this week which impacts the Moving and Storage as home buyers remain skittish about taking the plunge. Freddie Mac’s (OTC: FMCC) weekly rate report says a 30-year fixed-rate mortgage averaged 4.12 percent in the week ending July 31, down from 4.13 percent last week. A year ago, 30-year rates averaged […]
Cord Moving and Storage Reports on the Housing Market in Memphis
Gary Lee the longtime General Manager for the Memphis operation of Cord Moving and Storage reports this morning that Memphis, TN is one of the U.S. cities expected to see the biggest increase in home prices this year, according to CoreLogic Case-Shiller’s latest home price forecast. In the last year, real estate investors have been […]
Cord Moving and Storage Reports on the Real Estate Market
Cord Moving and Storage an agent for North American Van Lines with offices in Saint Louis, MO, Dixon, Mo, Belleville, IL and Memphis, TN works closely with the real estate agents all across the United States and the reports on existing-home sales rose in April but remain below underlying demand because of limited inventory and […]
Most economists agree home prices will bottom by 2013
Economists expect home prices to bottom by 2013 and will have an impact on the moving and storage industry since they are so connected to each other. Economists predict home prices nationwide will drop slightly in 2012, falling 0.4 percent for the year, according to the latest realtor survey – Zillow – Latest from The Business Journals DBJ […]
Cord Moving and Storage Keeps a Watchful Eye on The Housing Market
Another sign the housing market is picking up this spring: Pending home sales rose in March and were sharply higher than a year ago. Pending sales of existing homes rose 4.1 percent in March, according to the National Association of Realtors. The D.C.-based trade group said pending sales were up 12.8 percent from a year […]
Cord Moving and Storage Reports Memphis Housing Market is Improving
The Memphis metro area’s foreclosure rate fell 50 percent in the first half of 2011 compared to the same period in 2010. Gary Lee the General Manager of Cord Moving and Storage keeps a close eye on the housing market in Memphis, “since it has a direct impact on the relocation industry.” The fact that […]
Is the Real Estate Coming Back Regionally or Nationally?
South Florida has been the default capital of the country. In Miami-Dade County, one out of five households with mortgages is in foreclosure. Nearby Broward and Palm Beach counties are not far behind. Nearly 200,000 South Florida families are stuck in the mire of default. And yet as Cord Moving and Storage a company that carefully tracks […]
Commercial Real Estate Continues to Rebound
Office Market is Rebounding as commercial real estate fundamentals continued to strengthen in the second quarter of 2011, albeit at a much more moderate pace than the end of last year. Cord Moving and Storage headquartered in Saint Louis, MO an agent for North American Van Lines reports based on many different reports issued nationally […]
The Moving Industry Holds Their Breath
Bank of America has agreed to pay $8.5 billion to more than 20 large investors including MetLife, BlackRock and the Federal Reserve Bank of New York, to settle claims related to losses on mortgage securities bought before the housing bubble burst, The Wall Street Journal reports. The payment exceeds the total profits of the Charlotte, […]
