Marquette was featured in Sunday's Washington Post. This was the last article in a month-long series spotlighting the National Trust for Historic Preservation's Distinctive Destinations for 2010.
http://www.washingtonpost.com/wp-dyn/content/article/2010/06/24/AR2010062405562.html
Friday, July 2, 2010
Wednesday, April 21, 2010
Mortgage Applications Spike
Mortgage applications to buy homes rose 10.1 percent last week on a seasonally adjusted basis compared to the previous week, according to the Mortgage Bankers Association weekly survey.
On an unadjusted basis, the purchase index rose 11 percent compared with the previous week, but was down 5.2 percent from the same week a year ago.
“Purchase applications continued to increase coming out of the Easter holiday, as we approach the end of the home buyer tax credit, and are up modestly over last month.” said Michael Fratantoni, MBA’s vice president of research and economics.
Declining Treasury rates pushed loan rates down from the previous week:
30-year fixed-rate mortgages decreased to 5.04 percent from 5.17 percent.
15-year fixed-rate mortgages decreased to 4.34 percent from 4.45 percent.
1-year ARMs decreased to 6.95 percent from 7.02 percent.
Source: Mortgage Bankers Association (04/21/2010)
On an unadjusted basis, the purchase index rose 11 percent compared with the previous week, but was down 5.2 percent from the same week a year ago.
“Purchase applications continued to increase coming out of the Easter holiday, as we approach the end of the home buyer tax credit, and are up modestly over last month.” said Michael Fratantoni, MBA’s vice president of research and economics.
Declining Treasury rates pushed loan rates down from the previous week:
30-year fixed-rate mortgages decreased to 5.04 percent from 5.17 percent.
15-year fixed-rate mortgages decreased to 4.34 percent from 4.45 percent.
1-year ARMs decreased to 6.95 percent from 7.02 percent.
Source: Mortgage Bankers Association (04/21/2010)
Wednesday, February 17, 2010
Marquette Named a Best Housing Market
Best Housing Markets in 2010
A housing market research Web site has predicted Marquette will be one of the top 25 housing markets in the country for the coming year. Marquette ranked 12th in the calculations at housingpredictor.com, with a 3.2 percent increase in average housing prices predicted for 2010. Researchers at the Web site gather information on 20 factors for each market forecast, including income levels, employment rates and trends, commercial and residential construction, school enrollment levels, business openings and closings, new business development, regional political influences, real estate sales history and current housing market velocity. Analysts then review each market separately to forecast the percentage each individual market will increase or decrease in average housing prices. Cleveland topped the list while Marquette ranked above places like Grand Rapids, the only other Michigan city to make the top 25. Twelve states are represented on the top 25 list, including many Midwest and northern tier states that have been less severely impacted by the housing crisis, according to housingpredictor.com.
Source: Mining Journal Feb 4th
A housing market research Web site has predicted Marquette will be one of the top 25 housing markets in the country for the coming year. Marquette ranked 12th in the calculations at housingpredictor.com, with a 3.2 percent increase in average housing prices predicted for 2010. Researchers at the Web site gather information on 20 factors for each market forecast, including income levels, employment rates and trends, commercial and residential construction, school enrollment levels, business openings and closings, new business development, regional political influences, real estate sales history and current housing market velocity. Analysts then review each market separately to forecast the percentage each individual market will increase or decrease in average housing prices. Cleveland topped the list while Marquette ranked above places like Grand Rapids, the only other Michigan city to make the top 25. Twelve states are represented on the top 25 list, including many Midwest and northern tier states that have been less severely impacted by the housing crisis, according to housingpredictor.com.
Source: Mining Journal Feb 4th
Thursday, February 4, 2010
Get out there and enjoy February in the U.P.!!!
February marks the heighth of Winter activities in Marquette County. Get out there and enjoy what the U.P has to offer from sporting events to festivals!
February 5th and 6th
Michigan Tech. Winter Carnival and Ice Festival
http://www.mtu.edu/carnival/schedule/
February 12th, 13th
Annual Indoor Winter Softball Tournament at the Dome
http://softballinthedome.com/ ADMISSION IS FREE!
Big Bay Fishing Derby
February 19th - 20th
UP 200 Sled Dog Race Opening Ceremonies 6:30pm and Start at 7:10pm
http://www.up200.org/
February 27th
Trenary Outhouse Classics
http://www.outhouseclassic.com/
February 5th and 6th
Michigan Tech. Winter Carnival and Ice Festival
http://www.mtu.edu/carnival/schedule/
February 12th, 13th
Annual Indoor Winter Softball Tournament at the Dome
http://softballinthedome.com/ ADMISSION IS FREE!
Big Bay Fishing Derby
February 19th - 20th
UP 200 Sled Dog Race Opening Ceremonies 6:30pm and Start at 7:10pm
http://www.up200.org/
February 27th
Trenary Outhouse Classics
http://www.outhouseclassic.com/
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