ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL – 09/05/2011

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL –  09/05/2011

Your FREE ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL –  09/05/2011 list has  been posted.

CLICK HERE FOR YOUR PERSONALIZED REPORT OF ACTIVE REAL ESTATE FORECLOSURES

ACTIVE REAL ESTATE FORECLOSURES FOR SALE

These  are Single Family Homes ‘Active’ on the Birmingham MLS. These homes

are  ripe for the picking. Don’t Let them pass you by. ACT NOW!!

I hope you have an awesome day, packed with smiles while searching for your active Birmingham AL Real Estate Dream.

The “Great  Recession” has not followed any prior overall pattern,  and this week’s  data confirms its unique path — and that it never  ended.

We are not  re-entering a classic recession. The Institute for Supply  Management manufacturing  survey is still positive, at 50.6 in August  just barely so. August sales of  cars did just fine, near 12 million  annualized, which is 7 percent above a year  ago and roughly the same as  July.

August  employment numbers were flat, but we have no new wave of  layoffs. New claims  for unemployment insurance have been stuck near  400,000 weekly for a year. If  your job is in technology, health care,  most government, export trade, auto manufacturing,  or other  manufacturing with globally competitive wages and productivity, you’re   fine. Maybe you’re even buying a car.

If you’re  in direct competition with global wages, or provide  services to those people,  you’re in a hole with no ladder. We can  stumble forward this way, even if U.S. gross domestic product  dips to  negative occasionally. The limit: We cannot generate enough  tax revenue to run  the show, and deficits will kill us.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE

In other news, Mortgage rates remained at or near historic lows this week on  continued weak economic and housing data, Freddie Mac said in releasing  the results of its Primary Mortgage Market Survey.

A separate  survey by the Mortgage Bankers Association showed low rates aren’t  getting buyers off the fence, with demand for purchase loans remaining  near 15-year lows last week.

 

 

 

 

ACTIVE REAL ESTATE FORECLOSURES FOR SALE

Freddie Mac’s survey showed rates on  30-year fixed-rate mortgages averaged 4.22 percent with an average 0.7  point for the week ending Sept. 1, unchanged from last week but well  below the 2011 high of 5.05 percent seen in February. The average for a  30-year fixed-rate mortgage hit an all-time low, in records dating to  1971, of 4.15 percent during the week ending Aug. 18.

ACTIVE REAL ESTATE FORECLOSURES FOR SALE IN BIRMINGHAM AL- 09/05/2011
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