How To Clean Your Outdoor Gas Grill In Less Than 30 Minutes

Regardless of your hometown's climate, outdoor gas grill cooking can be a four-season endeavor. Just remembe to keep your grill clean. According to Weber's annual GrillWatch Survey, less than 40% of grill owners clean their equipment with any bit of frequency, and 6 percent admit they've never cleaned their grill...

A Simple Explanation Of The Federal Reserve Statement (April 25, 2012)

The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday. For the fifth consecutive month, the Fed Funds Rate vote was nearly unanimous. Just one FOMC member, Richmond Federal Reserve President Jeffrey Lacker, dissented in the 9-1 vote....

New Home Sales Revised Higher In February; Slip 7% In March

Sales of new homes ticked lower in March, unexpectedly. Based on Census Bureau data, the number of new, single-family homes sold in March slipped 7 percent from February -- the largest one-month drop in more than a year.  On a seasonally-adjusted, annualized basis, buyers in GA and nationwide purchased 328,000...

The Fed Starts A 2-Day Meeting Today. Make A Strategy.

The Federal Open Market Committee begins a 2-day meeting today in the nation's capitol. It's the group's third of 8 scheduled meetings this year. Mortgage rates are expected to change upon the Fed's adjournment. Led by Chairman Ben Bernanke, the FOMC is a 12-person, Federal Reserve sub-committee. The FOMC is the...

Existing Home Sales Slip In March

In March, for the second straight month, home resales slipped nationwide. According to the National Association of REALTORS®, March 2012 Existing Home Sales fell to 4.48 million units on a seasonally-adjusted annualized basis -- a 3 percent drop from February. An "existing home" is a home that's been previously occupied or owned....

Nevada Relinquishes “Top Foreclosure State” Title

According to foreclosure-tracking firm RealtyTrac, foreclosure filings fell to 199,000 in March 2012, a 17 percent decrease from March 2011. Last month marks the first time since July 2007 that foreclosure filings numbered less than 200,000 on a monthly basis -- a span of nearly 5 years. The generic term "foreclosure...

Single-Family Housing Starts Slip 0.2% In March

Tuesday, the government released its March 2012 New Residential Construction report.  The report is made up of three sections, each related to a phase of the "new home" market. The report's first part is Building Permits; the second is Housing Starts; the third is Housing Completions. Of the three sections, it's...

Homebuilder Confidence Slips 3 Points In April

For the first time in 3 months, homebuilder confidence has slipped.  As measured by the National Association of Homebuilders, the Housing Market Index dropped three notches in April to a reading of 25. The report measures homebuilder confidence in the newly-built, single-family housing market.  When the Housing Market Index reads...