Finance and Economy Archive


Despite Economic Crisis, Solar Energy in High Demand

Sunday, March 22nd, 2009
RISMEDIA, March 23, 2009-The Solar Energy Industries Association (SEIA) released its 2008 U.S. Solar Industry Year in Review, highlighting a third year of record growth. SEIA reports 1,265 megawatts of solar power of all types were installed in 2008, raising total capacity by 17% to 8,775 megawatts (MW). The 2008 ...
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Central Texas Real Estate Sales Volume Down, but Home Prices Show Modest Increase

Thursday, March 19th, 2009
RISMEDIA, March 20, 2009-According to the February 2009 Multiple Listing Service report by the Austin Board of Realtors® (ABoR), the Austin-area home sales volume remains down year-over-year, but home prices have risen compared to February 2008. ...
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Small Businesses to Benefit as Credit Lines are Loosened

Wednesday, March 18th, 2009
RISMEDIA, March 19, 2009-(MCT)-As the economy continues to suffer and jobs are lost and business owners continually push to keep things moving forward so they are in the right place at the right time when the market turns, President Barack Obama is doing his job to help small businesses get on the right track. Working to jumpstart the economy's engine of job creation, Obama announced that the Treasury Department would spend up to $15 billion to boost lending to credit-hungry small businesses.
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Credit Markets and Economy Add Pressure to Commercial Mortgage Performance

Monday, March 16th, 2009
RISMEDIA, March 17, 2009-The weakening economy and continued credit crunch contributed to increases in commercial/multifamily mortgage delinquencies during the fourth quarter of 2008, according to the Commercial/Multifamily Delinquency Report from the Mortgage Bankers Association (MBA). ...
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Half-Million New Jersey Homeowners Could Miss Property Tax Appeal Deadline

Wednesday, March 11th, 2009
RISMEDIA, March 12, 2009-A property tax analytics expert warns that 500,000 or more New Jersey homeowners may lose an average savings of $1,919 by failing to file their tax appeals by April 1. ...
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Will the Stimulus Benefit Homeowners and Buyers?

Tuesday, February 17th, 2009
RISMEDIA, February 18, 2009-"There are four primary sections of the economic stimulus plan that will benefit home owners and buyers," said Gibran Nicholas, chairman of the CMPS Institute, an organization that certifies mortgage bankers and brokers. According to Nicholas, these include: ...
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Senate Starts to Tinker with $900 Billion Stimulus Plan

Tuesday, February 3rd, 2009
RISMEDIA, February 4, 2009-(MCT)-A divided and discontented Senate on Monday began debating a nearly $900 billion economic stimulus plan, while President Barack Obama launched a new grassroots campaign asking Americans to prod their lawmakers to act on it. ...
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What Comes Next – The Fallout of America’s Buying Binge

Tuesday, February 3rd, 2009
RISMEDIA, February 4, 2009-(MCT)-For many consumers, the jig is up. After years of supersizing our houses, cars, meals and closets, Americans' buying binge seems to be over. ...
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30-Year Mortgage Rates Rise to 5.25%

Tuesday, February 3rd, 2009
RISMEDIA, February 4, 2009-The weekly average rate borrowers were quoted on Zillow for thirty-year mortgages rose again last week to 5.25%, up from 5.12% the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate website Zillow.com(R). Meanwhile, rates for 15-year fixed mortgages increased ...
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