The World is My Domain - Welcome to MaryBeth Mills Muldowney's World: Jim Cramer of CNBC is blown away by the housing market stats!

Jim Cramer of CNBC is blown away by the housing market stats!

Believe it or not...SALES OF NEW SINGLE FAMILY HOMES HAS BIGGEST INCREASE ...

YES IN 33 1/2 YEARS....GOOD NEWS FOR THE HOUSING MARKET AND OVERALL MARKET!

 

Well although I don't like the yelling and screaming and hand banging of Jim Cramer on CNBC you have to admit he has alot of energy and has had alot of good insight into the economy.

HE thinks the country's economy is finally on track! Wow - I feel like I have waited a long time to hear that!

One thing about this global economic pit we have been in, we are all better educated to our own finances and what we should be doing to move forward.  Some lessons are hard to learn and boy have we been educated.

Here are two of the comments Cramer made yesterday that I wanted to share with you. You too may be interested in signing up for his daily emails to keep up with  our daily changes in the Global and National  finances:

The Commerce Department said sales of new single-family homes jumped 25.4 percent to a seasonally adjusted annual rate of 444,000 units. That's the biggest increase in nearly 33-1/2 years in October.

 Permits for future U.S. home construction rose to their highest level in nearly 5-1/2 years in October. The Commerce Department said building permits jumped 6.2 percent to a seasonally adjusted annual rate of 1.03 million units.

It is important that we all keep our eyes and ears open to the local real estate market too.

If you would like a detail on what is going on in your state or neighborhood or with your own home please do not hesitate to reach out to me - MaryBeth@TradeWindsRealtyGroup.com or visit our website on http://www.TradeWindsRealtyGroup.com .  Our office administrative line is 781-681-9959 and we have offices in Massachusetts in Plymouth, Norwell and Pembroke and service all of Massachusetts. 

If you are holding a license in Massachusetts as a real estate professional please reach out to see how you can use your license to improve your own financial economy without participating in real estate full-time.  TradeWinds Realty Group llc is a member of the Massachusetts Real Estate Network, a growing referral network!

MaryBeth Mills Muldowney, Massachusetts Real Estate Broker and Licensed Auctioneer

"The pessimist complains about the wind. The optimist expects it to change.

The Leader adjusts the sails." -John Maxwell

Founder and President, TradeWinds Realty Group LLC

www.TradeWindsRealtyGroup.com

MaryBeth@TradeWindsRealtyGroup.com

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Comment balloon 3 commentsMaryBeth Mills Muldowney • December 06 2013 12:31PM

Comments

and he should be we are on an uptick that should hang around for a while!

Posted by Mark Loewenberg, KW 561-214-0370 (KW of the Palm Beaches) about 4 years ago

Hi Marybeth, I saw and blogged about these same stats yesterday and think they are really important.  The way the buyers came surging back into the market after the government shutdown was resolved really points to the underlying strength of the housing market.

Posted by Scott Larson, Park City, Utah Real Estate News (BHHS/Utah Properties) about 4 years ago

Hi Scott and Mark, I am encouraged and believe housing is now taken seriously as an economic indicator, at least one good thing came out of the chaos of our previous few years here.  Housing is serious business!  Hear us Roar! happy holidays!

Posted by MaryBeth Mills Muldowney, Massachusetts Broker Owner (TradeWinds Realty Group LLC) about 4 years ago

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