Monthly Archives: February 2011
The best and worst home improvements for the money spent
Many people are under the impression that home improvements are good investments that pay for themselves when a home is sold. However, this is wrong according to Remodeling magazine and the National Association of Realtors. The sad truth is that most improvements will not come close to paying for themselves. Some projects, such as room additions and... Read More
U.S. housing construction surges, but permits tumble
According to REUTERS, U.S housing starts rose more than expected in January to their highest rate in four months, but permits for future home construction dropped sharply despite large gains in prior months. This data was sourced from a government report on Wednesday released 2/16/11. The report also showed the housing market still bouncing along the... Read More
Unemployment Rate Drops to Lowest Level in 2 Years
According to MSNBC.com, the unemployment rate dropped to 9% last month, which is its lowest level in 2 years. However, the U.S. labor market slowed considerably as only 36,000 new jobs were generated in January, the fewest in four months. These statistics offer a conflicting picture. Unemployment fell because the Labor Department’s survey determined that about... Read More