Hudson, WI

The economy added 227,000 jobs in February and surpassed economists’ expectations, according to the U.S. Bureau of Labor Statistics. Employment improved in professional and business services, health care and social assistance, leisure and hospitality, manufacturing, and mining. The official unemployment rate was unchanged at 8.3 percent. The gains make it seven-straight months with at least 100,000 jobs added, which is the longest streak since 2005. Continued improvement in the labor market, combined with high affordability and increasing consumer confidence, is key to a significant and sustained housing-market recovery.

Due to low interest rate,s and a limited supply of homes currently on the market, Twin Cities home buyers had signed over 3,700 purchase agreements in February. This is a 34% increase compared with last year at this time and is the best February since '06. This is according to data released by the Minneapolis Area Association of Realtors on 3/12/2012.

Foreclosures continued to represent more than 40% of all sales which caused the median sale price to fall 1.4% to $138k. That was the smallest price decline in 16 months a good sign for what's to come!

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WELCOME!

BB Makeup Cosmetic Bar!

Hudson, WI 54016

Owner Brooke Fleetwood has brought in her own line of cosmetics and much more to bring out your inner and outer beauty. Visit her online store here http://www.bbmakeuponline.com/

They are located at 511 2nd Street in Hudson, WI 54016 and can be reached at 715-781-0248

You can also find BB Makeup on facebook here https://www.facebook.com/brookebeautypro

Sales of distressed properties, including short sales and REO transactions, put downward pressure on home prices. For this reason, CoreLogic’s Home Price Index measures values including and excluding distressed sales. In January, the index showed a month-over-month decline of 1.0 percent and a 3.1 percent slide from January 2011. But, when excluding distressed sales from the equation, home prices actually gained 0.7 percent from December and dropped less than one percent from the year before. CoreLogic’s price index measures increases and decreases in sales prices for the same homes over time rather than basing their data on all home sales.

Each month, Fannie Mae’s National Housing Survey polls Americans to assess their attitudes toward homeownership, renting, mortgage rates, the economy, their personal finances, and overall consumer confidence. February’s survey found respondents’ attitudes stabilizing and more confident in the economy and housing market. Among the highlights, the number of participants who said the economy was on the right track increased 5 percent from January and has risen 19 percent since November. The percentage of people who say it’s on the wrong track dropped by 6 percent. Also, Americans expect home prices to rise approximately one percent in the next year and the number who say now is a good time to sell a house is at its highest level in over a year. Among respondents, 70 percent said now was a good time to buy a home and 65 percent said they’d prefer to purchase their next home rather than rent. Doug Duncan, vice president and chief economist of Fannie Mae, said the pickup in hiring over the past few months has helped soothe consumer concerns regarding their personal finances, the direction of the economy, and their views of the housing market.