Stock,market,rallies,upon,word business, insurance Stock market rallies upon word of new home sales increase
As we all know to live in this world we have to perform some activity by which we can earn money. There are many activities by which we can earn money and meet the standards to live in this society. And from one of them is franchise. Franc Small offices have unique needs, and thatincludes document shredding. Designed with the smaller business inmind, the Dahle 20314 is a cross-cut shredder that offers Level 3security and brings you into compliance with federal regulations. The
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 st1\:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable{mso-style-name:"Table Normal";mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-priority:99;mso-style-qformat:yes;mso-style-parent:"";mso-padding-alt:0in 5.4pt 0in 5.4pt;mso-para-margin:0in;mso-para-margin-bottom:.0001pt;mso-pagination:widow-orphan;font-size:10.0pt;font-family:"Calibri","sans-serif";}Denver, COReuters reported this week that the stockmarket rallied largely upon news of unexpected increases in home salesthroughout the United States. While home prices declined slightly, observers lookedto the boost in home sales as a sign that bloated inventories of unsold homesmay be beginning to dry up. Lower inventories should bloster pricing, theyadded, and could indicate badly needed relief in one of the core businesssectors contributing to the current recession. According to Reuters, U.S.data for February showed new-home sales unexpectedly rose at their fastest pacein 10 months. On Tuesday, The Dow Jones Industrialaverage (.JI) gained 147.51 points, or 1.93 percent, to 7,807.48. The Standard & Poor's 500 Index (SPX) rose 13.75points, or 1.71 percent, to 819.87. The Nasdaq CompositeIndex (IXIC) added 23.43 points, or 1.54 percent, to 1,539.95. Shares ofhomebuilders Lennar (LEN.N) and DR Horton (DHI.N) rose12.4 and 11.7 percent, respectively, while the Dow JonesHome Construction Index (DJUSHB) added more than 7 percent.U.S.mortgage applications also jumped last weekpartly a reflection of the surge indemand to refinance home loans and partly because of home sales, resales andforeclosure purchases. But unlike prior markets, buyers today want reassurances that their purchaseis a wise one. Los Angelesmagazines 2009 Real Estate Issue features a cover story entitled, Buy Now orSave For Later? In the lead article, journalist Lesley Bargar asks Do I stillneed a real estate agent?The answer, provided by Paul Habibi, a real estate lecturer at UCLA AndersonSchool of Management, underscores the need for Exclusive Buyer Agents saying,Agents buy and sell for a living; they have more knowledge of legalities and abroader network to draw on than you do. As a buyer, youre likely to see moreproperties and learn more about a neighborhood through a smart agent. Sellersbenefit, too.Buyers especially dont want to get caught in the trap of subprimemortgages. They dont want to discover too late that their newly chosen taxdistricts are upside down and that essential services will be abated. Instead,says Kimberly Kahl, Executive Director of the National Association of ExclusiveBuyer Agents (NAEBA), Wise buyers are forming a team of representativestheforemost member of the team being an Exclusive Buyer Agent. NAEBA is headquartered in Avondale, AZand every NAEBA member is an Exclusive Buyer Agent, only representing realestate buyers, never real estate sellers.Historically, real estate agentsrepresented sellers. Agents who are NAEBA members have no dual agenda, explainsKahl. Exclusive Buyer Agents perform a number of functions on behalf of thebuyer:· assistbuyers in locating and evaluating property· negotiatingthe best price and terms for the buyer, not the seller· assistin evaluating loans and financing options. An EBA can also help findcompetent home inspectors and home warranty companies. Above all, Kahl adds, a NAEBA member Exclusive Buyer Agent offersundivided loyalty and works to protect the buyers interests throughout thetransaction. For information, go to www.naeba.org. To contact an NAEBA agent toll-free in the United States or Canada,dial 800-986-2322or email [email protected] and a NAEBA repwill be in contact with you immediately.
Stock,market,rallies,upon,word