Economic News
Pointing the finger at Wall Street When the Federal Crisis Inquiry Commission wrapped up their report last week, Wall Street executives came out as...
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Pointing the finger at Wall Street When the Federal Crisis Inquiry Commission wrapped up their report last week, Wall Street executives came out as...
In a tricky case in Texas, a man uses adverse possession laws to gain free access to what he says is an abandoned house.
Zillow going public Just over two months ago, real estate search company Zillow.com filed for IPO status with the U.S. Securities and Exchange Commission (SEC) and...
Rough day for a Realtor Realtors have to content with some very unique challenges in their line of work ranging from odd requests to...
Tech altering concept We frequently cover technology concepts that exist in prototype or simply in concept, and we enjoy watching over the years which...
HomeStreet going public While companies like Zillow.com apply for their initial public offering (IPO) status as part of their long term growth strategy, other...
Enticement for nearly another decade America’s largest Real Estate Investment Trust (REIT), Simon Property Group, has offered to retain current Chief Executive Officer and...
Letter to investors In his most recent “Eye on the Market” investment letter, JP Morgan’s Chief Investment Officer Michael Cembalest shares pessimistic thoughts of...
Existing home sales data The National Association of Realtors is reporting a 0.8% drop in existing home sales in April, a 12.9% drop from...
Six months of similar confidence levels According to the National Association of Home Builders, builder confidence in single family home construction is at the...
Two major acquisitions This past week, Getty Images announced the acquisition of PicScout and Photolibrary. These two acqusitions may signal a turning point in...
The double billing bill Oregon lawmakers seek to pass a bill that stops banks from claiming a loss on a short sale and still...
Dream home turned nightmare In 2005, Mark and Marilyn Hess moved into their brand new Utah home after years of planning and saving. Shortly...
FHA premiums rose For the week ending April 22, 2011, the Mortgage Bankers Association (MBA) is reporting their Market Composite Index (MCI) which measures...
Rising originations and dollar volumes Mortgage Bankers Association’s 2010 commercial and multifamily is out, reporting that mortgage origination volumes jumped 44% in 2010 over...
More homeowners in distress Almost half of the entire American housing market is now distressed properties and economists project this number will rise according...
New home sales U.S. Census Bureau data released this morning shows good news for new home sales, one of the hardest hit sectors in...
Improper foreclosures The continuing robosigning debacle continues with only partial resolution. Originally, all 50 Attorneys General and over a dozen federal regulators were working...
New home sector down, creative measures taken The new home construction sector has hit a series of speed bumps as new home sales plummeted...
Tax fraud in astounding amounts According to the Treasury Inspector General for Tax Administration, individuals applying for first-time homebuyer tax credits have defrauded the...
Mortgage layoffs in America Last week, Wells Fargo laid off, which Wells Fargo claims is less than one percent of their workforce and was...
Colliers International stats Colliers International’s Semi-Annual Canadian Office & Industrial Markets Report & Forecast indicates Toronto’s office space market vacancy rates are lowering downtown,...
Foreclosures plummet According to RealtyTrac, the number of foreclosures hit a three year low as the number of foreclosure notices filed during the first...