Real estate is at a ten year high, according to one veteran, and set for a slight correction. This one mortgage segment will benefit, though
Many assumed that if Richard Cordray quit the CFPB to run for Ohio governor, other Democratic candidates would step aside. That doesn’t seem to be the case
As retrospective analysis of 2012’s economic returns becomes more fleshed out, some pretty astounding figures are emerging.
In recent months, American taxpayers have witnessed quite a few realities with regard to the national budget.
As the political showdown over the United States budget deficit continues with the early days of the sequestration, government agencies are beginning to asses the impact of the sudden spending cuts.
Residential real estate has gone from dismal to a sellers' market in just over a year. Once home prices stopped finally declining in early 2012, investors picked up their pace of acquisition in regional markets that where particularly affected by the housing downturn: Phoenix, Las Vegas, South Florida, and various markets in California. Inventories in those markets quickly tumbled, but that same situation is spreading to other metropolitan areas.
The jumbo mortgage market in the United States was virtually non-existent from 2008 until late 2010, but this was not due to a complete lack of demand or drastic property price reduction.
I recently visited a friend who purchased a condo in a “new urbanism” development. As I drove into the parking structure I realized I was in the center of a newer shopping mall in Salt Lake City.