19 hrs ago | via American Reporter
Developments in the United Kingdom and Italy may ease some bon and stock market pressures, but on the eve of an emergency G-7 Finance Ministers' meeting Friday, I will provide them with a list from my money prescription pad, which, like my kids, they will likely ignore. First, how we got here, or rather the last few days of how we got here. Comment?
Thursday Nov 20 | via Chicago Tribune
Sales of existing homes in the Chicago area recorded the fourth consecutive year-over-year decline in October, but quite a few area residents may be getting a new home for the holidays. The Illinois Association of Realtors reported that 9,146 homes were sold in October in the nine-county Chicago area, down 3.3 percent from a year earlier. Comment?
Tuesday Nov 18 | via Lincoln Daily News
Colby Geiser started a business from scratch in 2003. He now has 85 employees and more than $6 million in annual sales. Comment?
Sunday Nov 16 | via The Motley Fool
The dream that was once considered the birthright of Americans -- a lifelong career, a family, a nice house -- is a dream deferred for many. Although median home prices are seeing double-digit growth in the areas that were hardest hit in the housing bust, seven years after the Great Recession began, many homeowners are still dealing with housing troubles. Comment?
Wednesday Oct 29 | via Seattle Times
It's official: The equity boom, which has added an estimated $1.6 trillion to the personal net wealth of American homeowners in the past year, has slowed dramatically. In the latest quarterly data from the Federal Reserve, which tracks residential real estate, home-equity holdings across the country rose by $177 billion. Comment?
4 min ago | via Swindon Advertiser
Homebuyers aged over 40 are being denied mortgages because they are too old, according to the Intermediary Mortgage Lenders Association. Homebuyers aged over 40 are being denied mortgages because they are too old, according to the Intermediary Mortgage Lenders Association. Comment?
1 hr ago | via Safehaven
Fed 'Mystified' Why Millennials Still Live at Home; My Answer May Surprise You The paper says " it's a mystery " why the housing recovery did not have a bigger impact on millennials living at home. The research paper, written by Zachary Bleemer, Meta Brown, Donghoon Lee, and Wilbert van der Klaauw notes correlations to debt, jobs and housing. Comment?
1 hr ago | via The Age
The local sharemarket has shed nearly all of yesterday's strong gains as losses accelerate, with falls across the board, but Medibank shares soar in their first minutes of trading. And in non-Medibank related news, Bank of China plans to double its mortgage lending in Australia in two years and wants to offer more home loans to locals, the bank's country head says. Comment?
14 min ago | via Alabama Live
Morgan County residential sales improve 8% in October compared to last year. Housing Inventory now down 12% from the October 2010 peak. Comment?
15 min ago | via Sky News
Sky News takes a look at the stories making a splash on the front pages of Tuesday's national newspapers. A study suggests most people over the age of 60 should be given statins to cut the risk of heart disease. Comment?
Updated: Fri Nov 21, 2014 12:44 pm
Copyright © 2014 Topix LLC