Posts Tagged ‘Economy’

Lastest Housing Economy News

October 24th, 2010

Kenneth R. Harney: Reduction in tax benefits could be in homeowners future
The Nation s Housing: Real estate news from Washington
Read more on Contra Costa Times

UAE consumers ease back into spending mode
Dubai With the local economy beginning to show signs of recovery, consumers are slowly returning to their spending habits and expenditure in the UAE will again pick up in the next few years, reaching Dh627.8 billion in 2020, Euromonitor International told Gulf News.
Read more on Zawya

Valley taking long view on economy

October 24th, 2010

Valley taking long view on economy
Coachella Valley business leaders mostly agreed with the sobering assessment by an economist that the region’s recovery may take another five years because of the depth of the housing crisis.
Read more on The Desert Sun

Valley taking long view on economy
Coachella Valley business leaders mostly agreed with the sobering assessment by an economist that the region’s recovery may take another five years because of the depth of the housing crisis.
Read more on The Desert Sun

Fitch: U.S. MH RMBS Remains Stable Amid Housing Downturn; Actions on 147 Deals
U.S. manufactured housing residential mortgage-backed securities rated by Fitch Ratings continue to maintain stable performance despite continued negative pressure on the housing market.
Read more on Business Wire via Yahoo! Finance

The house that Ambani built and Mumbai property woes
It’s hard to miss the place that the world’s fourth richest man and his family will soon call home. The boxy apartment block dominates the skyline above the traffic-choked roads that lead to south Mumbai.
Read more on AFP via Yahoo! News

The middle class: key to the economy — and the mid-term election

October 23rd, 2010

The middle class: key to the economy — and the mid-term election
Rebuilding middle-class confidence is crucial to restarting the economy. More than anything else, steady, well-paying Jobs are crucial to middle-class confidence. Election 2010 could hinge on that.
Read more on The Christian Science Monitor

Jobs, housing reports show gains, losses
More people obtained jobs and fewer people were kicked out of their homes last month, according to a pair of reports issued yesterday that showed signs the Massachusetts economy is on its way to recovering.
Read more on The Eagle-Tribune

Campaigning Obama says Republicans push “snake oil”
President Barack Obama accused Republicans on Friday of peddling discredited “snake oil ideas” about the U.S. economy as he tried to win votes for struggling Democrats in a battle for control of the Senate.
Read more on Reuters via Yahoo! News

Swonk, Slok Interview on Economy, Housing

October 21st, 2010

Swonk, Slok Interview on Economy, Housing
Oct. 20 (Bloomberg) — Diane Swonk, chief economist at Mesirow Financial Inc., and Torsten Slok, an economist at Deutsche Bank AG, talk about the state of the housing market and the potential impact of quantitative easing on financial markets.
Read more on Bloomberg

Housing Slump Offers Opportunity In Apartment-Building Market
Just as there have been massive price drops for single-family homes over the past three years, there have been big declines for apartment buildings. That suggests that it’s a good time for investors who want to be landlords to start buying.
Read more on CNBC via Yahoo! Finance

Housing prices are stabilizing: survey
Increases in Canadian home prices are moderating as the market cools from overheated levels of earlier this year, says one of the country’s largest real estate companies.
Read more on Hamilton Spectator

Lastest Housing Economy News

October 19th, 2010

Kona’s Housing Room?
Hawaii’s housing market is still pretty much trying to work out of a slump, especially on the neighbor islands. But developers on the Big Island are positioning themselves to be ready for the next surge.
Read more on Honolulu Star-Advertiser

Stiglitz: The Idea That Monetary Policy Can Save Us From Spending Cuts Is “Sheer Folly”
His critique targets the assumption that monetary policy can always work to stimulate an economy when a country is in a recession. Stiglitz says that’s no certainty and that, actually, it can cause damage by stimulating bubbles, like the U.S. did through the early 2000s with housing.
Read more on Business Insider

Housing market could suffer further woes
THE fragile economic climate has clearly given Alderney’s politicians and civil servants plenty of headaches.
Read more on Guernsey Press and Star

Lastest Housing Economy News

October 15th, 2010

Whirlpool to report 3rd-quarter results
Whirlpool Corp., the world’s biggest appliance maker, will report its third-quarter results later this month. WHAT TO WATCH FOR: With the economy still uncertain, investors will be keeping a close eye on Whirlpool’s sales.
Read more on AP via Yahoo! Finance

UF-sponsored health plan costs 0 more this year
In the midst of a sluggish economy, while already being hit with tuition and housing increases, some students are also having to pay more for school-sponsored health insurance.
Read more on Independent Florida Alligator

As more live together, housing slump lingers
The forming of new U.S. households is at its lowest since 1947, data from the Census Bureau show.
Read more on The Arizona Republic

Lastest Housing Economy News

October 12th, 2010

Shaky U.S. economy is top risk to Canada: Flaherty
The top risk to Canada’s economic recovery comes from weakness in its top trading partner and ally, the United States, Finance Minister Jim Flaherty said on Tuesday.
Read more on Reuters via Yahoo! Canada News

Housing squeeze for OSU students
CORVALLIS, Ore. – Sasha Hopkins spends her summers in Arizona. But the Oregon State University junior is so worried about being able to find housing when school starts back up in the fall that she keeps paying rent on her campus-area apartment even when she’s not around to use it. “You can’t give it up over the summer,” she said, “because there’s no guarantee you’ll find something when you come …
Read more on NorthWest Cable News

Lastest Housing Economy News

October 7th, 2010

Property Developers Have Crucial Role In Transformation, Says Minister
KUALA LUMPUR, Oct 7 (Bernama) — The government today called on the property and housing sector to play a crucial role in making the industry more robust and sustainable as the country is undergoing a major transformational towards a high-income economy.
Read more on Bernama

Housing prospects ‘dismal’: IMF
Says residential real estate will be a drag on worldwide economies for next 8 years, even in Canada
Read more on The Globe and Mail

Lastest Housing Economy News

September 18th, 2010

Firm buys housing development in city
While many residential projects were left partially finished, half done or not even started when the economy dipped, Barratt Group is bouncing back and is buying and renovating foreclosed homes and finishing uncompleted developments around the state.
Read more on Atascadero News

Window Into U.S. Economy Still Looks Cloudy
Core consumer prices are flat, and confidence remains fleeting.
Read more on Forbes

Economy Still On Seesaw, Data Shows
Mildly encouraging signal on job front tempered by rising foreclosures, weak Philly Fed.
Read more on Forbes

Does the US Economy Need Another Stimulus Package?

September 17th, 2010

Does the US Economy Need Another Stimulus Package?
Despite the massive fiscal stimulus package of nearly $ 800 billion approved by Congress early last year and trillions of dollars pumped by the Fed, the rally in various key economic data seems to be coming to an end. Their plan: do it again.
Read more on Ludwig von Mises Institute

Economy’s growth slow but steady
THE economy has grown in recent months with new car sales rising, but experts think interest rises have hit the numbers of new dwellings being started.
Read more on Herald Sun