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Mortgage & Housing Market News from HSH.com

How Much Does a Snow Storm Cost?

February 26th, 2010 | 2 Comments | Posted in News by Tim Manni

Here in the Northeast — for HSH.com, Northern New Jersey specifically — we have one thing on our minds: snow. With a snow storm as major as the one that has blanketed our area — some reports say as much as two feet of snow has fallen in the past two days — “normal” routines and productivity can come to a grinding halt.

Offices are closed, the kids’ schools are closed, and programs and events are cancelled. Yet, while many of us are digging out our cars and shoveling our sidewalks (and perhaps doing a little relaxing — only if you’re lucky), others are working around the clock, plowing our streets and salting the roadways.

Read the rest of this entry »

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More Winter Weather…HSH Closed

February 25th, 2010 | Leave a Comment | Posted in News by Tim Manni

The Northeast is currently being blanketed by another round of heavy snow. HSH.com’s New Jersey office is closed today, February 25, 2010 due to the winter weather. We’ll keep you posted regarding tomorrow, since the storm is expected to hang around into the early portion of the weekend. 

However, Mother Nature won’t slow the blog down, it will remain up and running through the end of the week and into the weekend.

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Heavy Snow is Costly for State Budgets

March 2nd, 2009 | Leave a Comment | Posted in News by Tim Manni

As nearly the entire East Coast is slammed with heavy snow, the winter wonderland which brings school and office closings across numerous states, also brings additional stress to many state budgets which are already past their breaking point. 

Here in New Jersey, where this year’s snow-removal budget is about $11 million, Governor Jon Corzine has reported the state has already spent double that on “frequent snow events.” Read the rest of this entry »

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About the HSH Blog

HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

Our bloggers:

Tim Manni

Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

Peter G. Miller

Peter G. Miller is syndicated to more than 100 newspapers and operates the real estate news site, OurBroker.com.

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