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New home sales: 'Really good news'

NEW YORK (CNNMoney.com) -- Sales of newly constructed single-family homes spiked 11% in June to an annualized rate of 384,000 homes, according to a report released Monday.

The gain over May was much greater than expected. A consensus of housing industry analysts had forecast seasonally adjusted sales of 352,000, according to Breifing.com.

However, sales are still 21% below the levels of a year ago, when new homes sold in June at an annualized rate of 488,000, according to the report released by the U.S. Department of Housing and Urban Development. Four years ago, during the height of the housing boom, the sales rate for June was 1,374,000, nearly three-and-a-half times higher than last month.

Still, the report was very positive, according to Peter Morici, an economics professor at the University of Maryland who had forecast June sales to be at the 350,000 level. "That is really good news. Considering what's going on in existing home sales, with all the foreclosure activity sending down home prices, for new homes to jump like that is a good indicator that the economy is bottoming out."
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Vacation Home Blog and News

January 4, 2009

After The Holidays

Filed under: Fishing & Canoeing — Jim Marks @ 4:19 pm

It seems right after the holidays, I’m ready for spring. That’s because I spend most of the winter indoors, working on web sites, writing, doing taxes, reorganizing all my files, and generally getting all the mundane things out of the way so I won’t have to do them in the warm weather… when I could be out fishing, hiking, canoeing, gardening, or looking for gems and minerals (yup, I’m a rockhound, and in this area of Maine, that’s as popular as just about any other outdoor activity).
I usually get out the old tackle box and straighten out all my lures, leaders, sinkers, spoons, spinners and gadgets. I’ve been doing that since I was ten years old. I change the line on my reel. That’s when I notice all the wear and tear to my rod and reel that occurred sometime last year. And inside the house, I can hear all the new noises my reel’s making. I used to go through the catalogs or even out to the sporting goods store and look around for equipment, and sales on fishing lures that sometimes come up long before spring. It’s almost as much fun as the fishing itself.

Then, I get around to dusting all the dirt out of the bottom of my canoe. If you’ve never had a canoe, you’re really missing out. I bought one when I was young, and then I bought the one I really wanted. After 25 years, I still have it. It’s an old Mansfield Canoe, made in Maine. We used to go down rivers in that thing standing up. It was that stable. It was perfect just about anywhere I went with it. And, it was definitely one of the best investments I’ve ever made for having fun. We’ve used that canoe for at least four or five hundred mornings and afternoons over the years. And we hope to get that much use over again, though it is more than 20 years old now. The new ones are made of more durable materials, and will hold up to more abuse.

Come the height of summer, I’ll forget all about these preparations that make the colder days of winter a lot more fun. But, I’ll be having even more fun then.

See! Wait a couple weeks, and here ya go:


50% off a bunch of fun stuff for fishing!


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