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Former Federal Reserve Chair Alan Greenspan in an interview with the Wall Street Journal this week says he expects U.S. home prices to stabilize in the first half of 2009.
"Stable home prices will clarify the level of equity in homes, the ultimate collateral support for much of the financial world's mortgage-backed securities. We won't really know the market value of the asset side of the banking system's balance sheet – and hence banks' capital – until then," he said. read more »
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"Stable home prices will clarify the level of equity in homes, the ultimate collateral support for much of the financial world's mortgage-backed securities. We won't really know the market value of the asset side of the banking system's balance sheet – and hence banks' capital – until then," he said. read more »
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Existing-home sales rose from the first quarter in 13 states, largely from buyers responding to discounted home prices, according to the latest quarterly survey by the NATIONAL ASSOCIATION OF REALTORS®.
Nearly one-quarter of metropolitan areas showed rising home prices in the second quarter from a year ago, with greatly mixed conditions continuing around the country. read more »
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Nearly one-quarter of metropolitan areas showed rising home prices in the second quarter from a year ago, with greatly mixed conditions continuing around the country. read more »
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-Gas prices decrease, confidence increases
23.6% are confident/very confident in chances for a strong economy this month, up from July’s record-low 18.8%, though still a full 20 points lower than one year ago (43.9%). Given the results of the chart below, the immediate correlation between the rise and fall of gas prices and the fall and rise of consumer confidence is apparent
-Practicality eases in August
-U.S. employment outlook improves read more »
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23.6% are confident/very confident in chances for a strong economy this month, up from July’s record-low 18.8%, though still a full 20 points lower than one year ago (43.9%). Given the results of the chart below, the immediate correlation between the rise and fall of gas prices and the fall and rise of consumer confidence is apparent
-Practicality eases in August
-U.S. employment outlook improves read more »
Discuss Add this link to... Bury
Posted by
elnumerojuan
36 days ago
(http://jonthansblog.wordpress.com)
Category: Positive Real Estate News |
As an investor you should know that rentals are the key to long term wealth in real estate investing. When you buy a property that cash flow’s today, then chances are that this property will always cash flow. read more »
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