Posts Tagged ‘Economy’
Investing in America: Home Remodeling on a Roll
As the wider economy begins to strengthen, and Americans start to feel better about their current and future finances, they are dipping their toes back into the housing waters, in the form of remodeling.
Investing in America: Home Remodeling on a Roll
As the wider economy begins to strengthen, and Americans start to feel better about their current and future finances, they are dipping their toes back into the housing waters, in the form of remodeling.
Increase Traffic on Housing Websites, Does it Mean New Hope for Housing?
Is the U.S. economy in a full-tilt housing recovery? Diana on the record with Lindsey Piegza, FTN Financial, and CNBC's Rick Santelli.
Republican Candidates Give Housing a Short Sale
Shame on the Republican candidates for president. Shame on them for showing up at debate specifically targeting the U.S. economy with not one credible, rational, even reputable notion of what to do about the nation's housing mess.
Another Federal Housing Bailout Won’t Happen
With home prices still falling, new mortgage delinquencies rising again, millions of mortgages already in the foreclosure pipeline, and consumer confidence in the housing market near nil, President Obama is expected to include some new housing fix in his post-Labor Day speech to the nation on jobs and the economy.
Refi Surge…Not So Much
As mortgage rates hit new record lows, refinance applications have surged accordingly. That, as always, is leading economists to talk once again about what the effect of all that refinancing might be on the greater economy.
Foreigners Make Run on US Housing Market
Falling home prices may be plaguing the US economy, but they are candy to foreign investors, who already have a weak dollar on their side. Buyers from overseas spent roughly $41 billion on US residential real estate last year, a bump up from the previous year. US real estate agents report a surge this Spring especially, as foreign buyers see continued pressure on home prices and ample bargains.
Lack of Mobility Hurts Job Recovery
The hallmark of the American labor market, and consequently the wider economy, has long been the mobility of our work force. From "going West" to "teleworking," we go where the jobs are. Unfortunately the uniquely disastrous state of the current housing market is changing all that.
‘Renter Nation’ for Low Income Americans
After decades and decades of the ownership society, and all the trouble it exacted on our economy, the Obama administration is and has been pushing the premise that, "Our goal is not for every American to become a homeowner."
It May Be Time to Believe in Housing Again
As the economy improves, and consumers start to feel better about their personal finances, they are starting to think about investing in their homes again.
