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Archive for March, 2010

Flip Video Camcorder

Friday, March 26th, 2010

Josh uses the Flip Video Camcorder to make superior video’s. The Flip is small, easy to use and the quality of the video is unbeatable!

Check out the video’s that Josh made out at The Cottages at Rose Garden in Sandy with the Flip Cam!!

http://www.youtube.com/user/joshmettle?feature=mhw4#p/a/u/0/91jkO52Pbtw

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Logitech Webcam for Eyejot

Friday, March 26th, 2010

Josh uses the Logitech Webcam Pro 9000 to record all of his awesome Eyejot Video’s. The webcam is easy to use and produces excellent quality email video’s.

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The Home Price Index Shows Home Values Lower Broadly, But Not Specifically

Friday, March 26th, 2010

hpi delta from peak 201001 The Home Price Index Shows Home Values Lower Broadly, But Not Specifically

Home values fell again in January, according to the Federal Home Finance Agency’s Home Price Index. Values were reported down 0.6 percent, on average.

We say “on average” because the Home Price Index is a national report. It doesn’t capture the essence of a local market , or even a city market like Salt Lake City.

The most granular that the monthly Home Price Index gets is regional and January’s report shows that:

  • Values in the Mountain states rose 2.0%
  • Values in the Pacific states were flat
  • Values in the East North Central states fell 1.8%

It’s hardly helpful for home buyers entering the market, or home sellers trying to properly price a home.  Furthermore, because the Home Price Index reports on a 2-month delay, its data fails to reflect the current market conditions.

Versus January — the period from which HPI data is collected — mortgage rates are lower, buyer activity is up, and the federal home buyer tax credit is closer to expiring.  These each can have an impact on housing.

Ultimately, national real estate data like the Home Price Index is best suited for lenders and policy-makers.  National data helps to identify trends that shape formal policy, but it doesn’t help you, specifically.

Since peaking in April 2007, the Home Price Index is off 13.2 percent.

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60 Second Update: Mortgage Rates Jump to 2010 Highs

Thursday, March 25th, 2010

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