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US Real Estate
Banks Fail to Sell Distressed Homes, Get landlord Job Instead
By
Broderick Perkins
| April 27, 2012
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As Wall Street Stampedes Into Rentals - Will It Really Help The Housing Market?
By
Donna S. Robinson
| April 5, 2012
It's a "Twilight Zone" kind of plot twist that even Rod Sterling could not have imagined. Wall Street's biggest names are rushing to jump into the single family rental market in a big way. They believe that there are "fat profits" to be made in the rental property business, and many of the same firms […]
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TD Bank Warns Canadian House Prices Are Overvalued by up to 15%
By
Allison Halliday
| March 30, 2012
The Toronto-Dominion Bank, the second largest bank in Canada is worried Canadian house prices are overvalued by between 10% and 15%, and its chief economist thinks the government should be taking measures to slow down lending growth.
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Which Came First...The Job Or The House?
By
Donna S. Robinson
| March 2, 2012
The old cliche' is well known..."Which came first...the chicken or the egg?" And so, with all the wrangling over how to "fix" housing, the question to ask is "which came first, the job or the house?"
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Fed Has “Limited Options” To Help Fix Housing
By
Mike Wheatley
| February 28, 2012
The Federal Reserve is no longer in a position to help America ease its way out of the housing crisis, according to a new report drafted by some of the country’s top economists at the recent US Monetary Policy Forum.
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NY FED Estimates Millions More Foreclosures Possible In 2012 and 2013
By
Donna S. Robinson
| January 13, 2012
It seems that something is amiss when you compare recent media reports with the actual housing data recently provided by William C. Dudley, the President and Chief Executive Officer of the Federal Reserve Bank of New York.
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Owning Is Cheaper Than Renting, So Why Aren't More People Buying?
By
Allison Halliday
| November 28, 2011
The cost of owning a home is now at its lowest point for 15 years, and is often less expensive than renting. A recent survey for the Wall Street Journal found it was more expensive to rent than buy a median priced property in 12 metro areas, even when taking into account taxes and insurance. […]
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Bernanke Admits Policy Failure, Then Asks For More Of The Same
By
Donna S. Robinson
| October 5, 2011
In today's report to congress, I could not help but notice two things. First, Fed Chairman Ben Bernanke was essentially admitting that his program to solve our economic problems with more spending is not working out very well. And it was painfully obvious that some if not most of the congressmen/women on the panel had […]
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