Wednesday, June 22, 2011
Friday, June 17, 2011
Fathers Day Idea
via jim-barber.net
Looking for something different to do for your father? Check out this manly treat!!
Tuesday, June 14, 2011
FLAG DAY 2011 – Jim Barber
via jim-barber.net
FLAG DAY 2011
The Origin of the Flag
Today, scholars still debate who sewed the first American flag. Many legends surround its first creation or birth. One legend that comes down from 1776 says that George Washington commissioned seamstress Betsy Ross of Philadelphia to sew a flag that would represent the new nation. Ross knew Washington and sewed many flags.
On June 14, 1777, the Continental Congress passed a resolution calling for a national banner.
“Resolved, that the Flag of the thirteen United States shall be thirteen stripes, alternate red and white; that the Union be thirteen stars, white on a blue field, representing a new constellation,” they wrote.
The flag’s 13 red and white stripes represent the 13 original colonies. Each star in the blue field represents each of the 50 states in the Union.
Wednesday, June 8, 2011
2011 Home Expo
via jim-barber.net
The 2011 Home Expo runs from June 4th – 12th. The hours are as follows Monday – Friday 5:00pm – 9:00pm Saturday from 10am – 9pm and Sunday 1:00pm – 6:00pm. Entry is $8.00 at the gate and includes 2011 Home Expo Program. Please note, ticket sales will stop approximately 1 hour before the Expo closes.
If you have any questions or comments, please contact the Home Builders Association of Southern Indiana (HBASI) office at (812)280-1600.
Or visit: http://2011homeexpo.com
Map Link: http://goo.gl/maps/JPO7
Friday, June 3, 2011
Tuesday, May 31, 2011
FRC Blog » Families Hurting in Current Housing Market
Families Hurting in Current Housing Market
by Chris Gacek
May 31, 2011The housing market continue to sink according to economic data released today. As the New York Times article by David Streitfeld put it:
Housing prices fell in March to their lowest point since the downturn began, erasing the last little bit of recovery from the depths plumbed two years ago, according to data released Tuesday.
The Standard & Poor’s Case-Shiller Home Price Index for 20 large cities fell 0.8 percent from February, the eighth drop in a row. Prices are now down 33.1 percent from the July 2006 peak.
“Home prices continue on their downward spiral with no relief in sight,” said David M. Blitzer, chairman of the S.& P. index committee.
The continuing slide in prices has created enough economic agony that fundamental home ownership patters may be changing. In 2004, the “homeownership rate” (share of occupied homes in the U.S. that are owner-occupied) peaked at 69.2%, the rate now stands at 66.4% in the first quarter of 2011. Apparently, that is an extremely rapid retrenchment given the illiquid and long-term nature of the housing market. Streifeld observes that this is an ownership rate that has fallen back to the level of 1998 – with some experts believing that a decline to 1980s or earlier levels may be possible. Housing prices have now fallen to mid-2002 levels.
Many families are upside-down on their mortgages, and that fact prevents geographical mobility as homeowners cannot leave an area for better paying positions elsewhere. With large college loans outstanding and collapsing housing prices, it is not surprising that families in such circumstances are under tremendous economic pressure. It is hard to imagine that this will not have a great impact on the 2012 election in addition to the traditional economic variables like the unemployment rate.
Family Research Council is a 501c(3) non-profit organization. If this post has been helpful to you, please consider a gift to help us continue to advance Faith, Family, and Freedom.
via frcblog.com
http://www.frcblog.com/ Thursday, May 26, 2011
Fixed Mortgage Rates Fall to 2011 Lows!!
Fixed Mortgage Rates Fall to 2011 Lows; 30-year loan fell to 4.60 percent
NEW YORK (AP) — Fixed mortgage rates hit the lowest point of the year for the third straight week.
Freddie Mac said Thursday the average rate on the 30-year loan fell to 4.60 percent from 4.61 percent. That’s the lowest point since mid-December. The average rate on the 15-year fixed mortgage, a popular refinance option, slipped to 3.78 percent from 3.80 percent. That marked the lowest level since late November.
Rates have fallen for six weeks in a row. They tend to track the yield on the 10-year Treasury note, which crept lower this week on worries over Europe’s ongoing debt crisis.
While low mortgage rates make purchasing a home more attractive, sales are still slumping. Sales of new homes rose in April from the previous month, but are down almost a quarter from last year, the Commerce Department said Tuesday. And the number of people buying previously occupied homes is well below what economists consider healthy, despite an uptick in activity in April.
Read More from Yahoo Finance
Subscribe to:
Comments (Atom)