Archive for January, 2012

Hostess Bankruptcy

Tuesday, January 31st, 2012

Hostess Brands, the manufacturer of tasty treats, such as Twinkies, Wonderbread, Ding Dongs, Ho hos, Sno Balls, and more has filed for Chapter 11 bankruptcy protection in the Southern District of New York. Old-fashioned union agreements, legacy obligations, and work rules, have been listed as the main culprits responsible for the Texas company’s bankruptcy filing. Unionized workers make up 83% of their 19,000 workers. Some experts expect the unionized workers collective bargaining agreements to be the first to be dismissed in their bankruptcy proceedings. The new health conscious society has also been blamed for Hostess’ decline. Hostess came out of [...] And, they said you can use more than one dropbox account at the same time, which is great if you have a work and personal account

Foreclosure Inventory To Bring Out Bargain Hunters Says Meridian Real Estate Agent John Espinosa

Tuesday, January 31st, 2012

MERIDIAN, Ida. – Meridian REALTOR® John Espinosa sees foreclosure inventory of bank owned homes likely continuing to bring out bargain hunters through 2012, bringing with it exceptional prices.

Depending on what economic policies the federal government adopts, Espinosa says buyers will likely see continued low interest rates through this election year as an attempt by Washington policy-makers to stimulate the economy.

“The combination of low rates and the steady drip of bank owned homes into the market means continued low prices for buyers who are ready to dip their feet in the market again.”

He says some buyers have been gun-shy about re-entering the real estate market, whether it’s for , which maintains relatively higher demand than many other Treasure Valley cities, or , where expensive estates from the boom years are going for pennies on the dollar now.

But he says buyers shouldn’t rely on the headlines to tell them when to buy.

“Buying a home is a very personal decision, and families should base it on their own circumstances. Growing families still need to move into bigger homes. Empty nesters still want to downsize, no matter what the market looks like.”

Espinosa also says he’s seeing plenty of trading up as low prices have brought more desirable neighborhoods into reach of the average buyer.

“The key is to engage with the market and watch for those bargains. Anyone can do that for free on my website www.MeridianIDHomes.com and get access to the entire database of Idaho MLS listings.

About John Espinosa

John Espinosa is an Idaho real estate agent specializing in the Treasure Valley. Covering Boise to Parma and everything in between, John is an expert on Boise, Nampa, Caldwell, Eagle, Kuna, Star, Middleton, and Meridian real estate.

John Espinosa
RE/MAX Advantage
5680 E Franklin Rd, Suite 100
Nampa ID 83687
208-484-7837
http://www.meridianidhomes.com
john@espirealestate.com

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