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From the NAR: "Existing-home sales slowed in most of the country in December, but 2017 as a whole edged up 1.1 percent and was the best year for sales in 11 years." Low inventory levels and rising home prices continue to keep existing home sales relatively low compared to the pre-recession period.
The six companies that control the media feed the masses a daily "dumbing down" of worthless, happyonomics: inflation is low, global warming isn’t real, there is an unlimited amount of oil, the US economy is strong, the DOW is at a record high, bonds and treasuries are good investments, etc.
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Bernanke to the Rescue: Homebuilders Bounce – For Now. seekingalpha.com Macro View Real Estate Ben Bernanke strikes again. And for the homebuilders, his $200 billion injection into the financial markets was the equivalent of manna from heaven – more money. Central Bankers Are Losing Faith in Their Own Alchemy.
10/01/17 News in And Around Old Greenwich, Town Of Greenwich, CT, United States. Greenwich Real Estate Market In $3 to 10 Million Range Takes Off. Old Greenwich (1) Greenwich Home Prices Climb 11% In 2014 (1) greenwich home sales slow in Q2 (1) Greenwich home sales slow in Q2visit.
‘It’s a very slow trickle’: Demand for new Coffey Park rebuilds slows for APM Homes Eiko’s, with its imaginative twists on traditional Japanese cuisine. Mr. Zapolski went on to explain that the key delay has been the approval of the new Downtown Specific Plan by the city of Napa..
The home of independent analysis of CNBC TV and other business media, dedicated to the highest standards of journalism. Report to say theoretical REIT conversions are a popular topic for retailers now because of "the strength in commercial real estate in general.". Daily online recaps.
On Friday, the S&P 500 was up about 7% from the start of the year. This is very similar to the gains through mid-February in 2011 and 2012. These steady gains then began to be revealed as the first stage of a volatile year that frequently exhibited 5 – 15% swings in the stock market, as you can see in Figure 1.
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