Monthly Archives: January 2013

Great news on the national economic front, both personal income and the savings rate increased in December

Personal income in December 2012 increased 2.6 percent. Nominal and real personal consumption expenditures (PCE) rose 0.2 percent. Nominal disposable personal income (DPI) increased 2.7 percent and real DPI rose 2.8 percent. The personal saving rate as a percentage of … Continue reading

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Wake Education Partners In Context 1/24/13

January 24, 2013 New building program seeks common ground Wake County’s next school construction program, regardless of size, is likely to follow a much different path from years past. That much was apparent during the past week as local leaders … Continue reading

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Wake County School and Economic Update-January 17, 2013

Wake County School and Economic Update-January 17, 2013

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2012 National Foreclosure Report from RealtyTrac

RealtyTrac

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FHFA House Price Index for November

Washington, DC – U.S. house prices rose 0.6 percent on a seasonally adjusted basis from October to November, according to the Federal Housing Finance Agency’s monthly House Price Index (HPI). The previously reported 0.5 percent increase in October was revised … Continue reading

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Housing starts in U.S. up 12% in December

Building permits in December 2012 were at a seasonally adjusted annual rate of 903,000, up 0.3 percent from the revised November rate and up 28.8 percent from December 2011. Housing starts in December 2012 were at a seasonally adjusted annual … Continue reading

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Bloomberg News article on Florida foreclosures

http://www.bloomberg.com/news/2013-01-17/florida-defies-housing-rebound-as-foreclosures-soar-mortgages.html

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2012 Foreclosure filings released 1/16/13

2012 foreclosure filings increased 3% statewide, 13% in Johnston and 1% in Wake. 2012 foreclosure filings decreased 4% in Chatham, 2% in Durham and 11% in Orange.

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Housing Affordability Index to Set New Record in 2012

The National Association of Realtors reported Jan. 9 that 2012 is set to become a record year for favorable housing affordability conditions, as well as an advantageous year for buyers qualified to obtain a mortgage. “Although 2012 was highest on … Continue reading

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Nice increase in December retail and food services sales

December 2012 retail and food services sales were $415.7 billion, an increase of 0.5 percent from the previous month and an increase of 4.7 percent from December 2011. Excluding autos, retail and food services sales in December were $337.6 billion, … Continue reading

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