Mackay Real Estate News
Wednesday Mar 11 | via Deseret News
America's utility bills are the highest cost of maintaining a home, higher than either property taxes or insurance. Adopting a more efficient energy code in Utah would make sense. Comment?
Sep 22, 2014 | via The Spokesman-Review
That reflects a 6.74 percent increase in Idaho housing prices, and marks the second year of increases after four years of declines. Click below for the full announcement from the Idaho State Tax Commission. Comment?
Sep 22, 2014 | via KBCI CBS 2
Single people in Idaho earn half of what is considered a livable wage, while households with children tend to face even more economical challenges, according to a new study. Living wages pays for housing, food, utilities and other expenses such as tucking money away for savings. Comment?
17 min ago | via West Australian
As stock market investors cheer Beijing's latest bid to boost the country's ailing housing sector, Chinese bankers are gritting their teeth over the risks they face in further relaxing lending rules to home buyers. Alarmed by persistent weakness in the property market and its increasing drag on the economy, policymakers said on Monday they were cutting down payments levels for the second time in six months and offering bigger tax breaks. Comment?
22 min ago | via West Australian
Asian markets mostly rose Tuesday after China's decision to ease mortgage rules fuelled hopes for further stimulus measures, but afternoon profit-taking pared a morning rally, with Tokyo and Shanghai ending more than one percent lower. While traders were given a strong lead from Wall Street, there is lingering nervousness over Greece's attempts to reform its bailout terms, putting downward pressure on the euro. Comment?
34 min ago | via The First Post
The Bank of England is to impose stress tests on UK banks to establish whether they can withstand a series of disasters. The banks will face scenarios including a dramatic slowdown in China, a contraction in the eurozone, the worst deflation since the 1930s or a fall in UK interest rates to zero. Comment?
40 min ago | via Daily Kos
Whenever someone tells me that housing and the economy is recovering, and that Obama is doing such a good job bringing these things back, the market is 18k...blah, blah, blah...I just chuckle...because they don't track the same information I do for my business...bottomline, we are no where near a recovery, the banks are on life support...the game is rigged. And before someones head esplodes and starts rattling off all the good things about Obamanomics, let me just say, if your name is not Merlin the Wizard it's very little you can do to fix the mess the spreadsheet cowboys on Wall Street created....that's just the bottomline. Comment?
43 min ago | via Seeking Alpha
Due to plummeting gaming revenue in Macau, shares of Melco Crown have taken a beating over the past year, falling by around half its late March 2014 share price. Some investors may find it an attractive turnaround play but with a high P/E and significant downside potential in Macau's gaming market due to weak housing, things appear risky. Comment?
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