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Volkswagen Headquarters Moving to Herndon, VA
10 September 07 11:02 AM | Clay & Kathie Kime | 282 Comments   
Volkswagen Arrives Bearing Gifts To lure Volkswagen of America to Herndon, Virginia Gov. Tim Kaine (D) worked for seven months and authorized $6 million in incentives. So when he arrived this morning for the formal announcement ceremony to talk about Read More...
March 21st: Fed's FOMC Hold Fed-Funds Rate Steady at 5.25% - As expected.
21 March 07 03:06 PM | Clay & Kathie Kime | 0 Comments   
Here is the statement released by the Federal Open Market Committee on Wednesday (March 21st): The Federal Open Market Committee decided today to keep its target for the federal funds rate at 5-1/4 percent. "Recent indicators have been mixed and Read More...
February '07 Housing Starts:UP - Building Permits: DOWN
20 March 07 10:47 AM | Clay & Kathie Kime | 0 Comments   
The Commerce Department and HUD jointly reported today that Housing Starts for February '07 were up 9% over the previous month (January '07) which is still sat a 28% lower rate than one year ago (February '06). Click Here to read the Government's Read More...
Pre-Fed Meeting Economic Data Reports: Lack-Luster - 30-Year Rates Favorable
16 March 07 03:43 PM | Clay & Kathie Kime | 7 Comments   
Local 30-Year Conforming Rates stabilize at 5.875% (0+0). Source: Jawad Hamandi: B.F. Saul Mortgage - (703) 787-4822 MarketWatch.com reports: In BLS reports released today, the Labor Department said Consumer Prices (CPI) rose 0.4% (higher than analysts Read More...
Commerce Department Reports "Continued Slowing of New Construction Homes for January 2007"
28 February 07 01:21 PM | Clay & Kathie Kime | 0 Comments   
The housing market continues to adjust to "market balance." The latest report on new construction sales shows a reduction of 16.6% in sales volume from the Commerce Deptartmant's revised December 2006 figures. Today's Commerce Dept. Read More...
U.S. stocks plunge to worst 1-day drop since 2001 - DOW Closes Down 415 Points Today!
27 February 07 06:53 PM | Clay & Kathie Kime | 0 Comments   
By Nick Godt , MarketWatch Last Update: 5:56 PM ET Feb 27, 2007 NEW YORK (MarketWatch) -- U.S. stocks plunged to their worst one-day performance since 2001 on Tuesday, with the Dow Jones Industrial Average losing 200 points in one minute around 3 p.m. Read More...
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Leading Economic Indicators - Up Slightly for January 2007
21 February 07 01:47 PM | Clay & Kathie Kime | 1 Comments   
The Conference Board announced today that the U.S. leading index increased 0.1 percent, the coincident index increased 0.1 percent and the lagging index decreased 0.1 percent in January 2007. Click Here to Read the Full Conference Board Press Release Read More...
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Consumer Price Index (CPI) for January 2007 - Higher than Expected
21 February 07 01:17 PM | Clay & Kathie Kime | 0 Comments   
U.S. Department of Labor announced today (February 21st) The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in January, before seasonal adjustment. Click here to view the Bureau of Labor Statistics Report . The January level Read More...
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Housing Report Published
05 February 07 01:13 PM | Clay & Kathie Kime | 0 Comments   
We are pleased to announce that "Seeking Alpha's" Market Opinion and Analysis Forum on the Housing Industry today published our report on Northern Virginia Real Estate. It can be viewed by clicking here Why There's No Such Thing As a Read More...