Mortgage Guidelines Resume Tightening Nationwide
Posted by Rob Newkirk on May 1, 2012 in Blog | 0 comments
Despite an improving U.S. economy, the nation’s banks remain cautious about what they will lend, and to whom. Last quarter, by a margin of 3-to-2, more banks tightened residential mortgage lending standards for “prime borrowers” than did loosen them. A “prime borrower” is defined as one with a...
Vintage Indiana Wine and Food Fest 2012
Posted by Newkirk Realty on Apr 30, 2012 in Blog | 0 comments
The annual Vintage Indiana Wine and Food Fest will take place on June 2 from 11 am to 7 pm at Military Park, downtown Indianapolis. Vintage Indiana is a celebration of fine wines, food, and arts and crafts. More than 200 kinds of wine from two dozen Indiana wineries will be available for tasting. Participating wineries...
March Pending Home Sales Rise, Market Recovering
Posted by Rob Newkirk on Apr 26, 2012 in Blog | 0 comments
WASHINGTON (April 26, 2012) – Pending home sales increased in March and are well above a year ago, another signal the housing market is recovering, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 4.1 percent to 101.4 in March...
A Simple Explanation Of The Federal Reserve Statement (April 25, 2012)
Posted by Newkirk Realty on Apr 25, 2012 in Blog | 0 comments
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday. For the fifth consecutive month, the Fed Funds Rate vote was nearly unanimous. Just one FOMC member, Richmond Federal Reserve President Jeffrey Lacker, dissented in the 9-1 vote. The...
America’s 20 Best Small Towns
Posted by Newkirk Realty on Apr 23, 2012 in Blog | 0 comments
America is stuffed with world-class “big cities”; New York, San Francisco and Chicago make for three great examples. But beyond the biggest cities, there are some wonderful small towns, too. Smithsonian.com highlights 20 of them on its website. Focusing on cities with 25,000 residents or fewer, the publication...
Mutt Strut 2012
Posted by Rob Newkirk on Apr 18, 2012 in Blog | 0 comments
The greatest spectacle in dog walking! The Mutt Strut, the greatest spectacle in dog walking, will take place on Saturday, April 28th at the Indianapolis Motor Speedway. The event is not only an important fundraiser, but also an opportunity for race fans to walk around the famous speedway. The Mutt Strut has been voted Best...
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