Demand for homes/land exceeding supply
What happens to the market when a town has more real estate agents than it has homes for sale? The answer is market instability and a lot of competition for the available residences.
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Selling Fine Art on Costco's Web Site Does a falling unemployment rate really tell us what we think it does about the jobs market? Co-bloggers Max Sawicky and Tom Walker debate David Altig on labor-force participation.read more...
Mortgage group separates myths from the facts (Long Beach Press-Telegram) Sometimes perception and reality never intersect. The former, emboldened by an increasing volume of buzz, begins to carry the weight of fact, pushing the latter into the
Council mostly favors housing moratorium Translate this Web site to the language of your choice. Choose your language and click Translate.via
Bits of Bad News Obscure A Big Truth About Wealth With the daily bad news about the state of the housing market, it's easy to lose sight of some larger economic realities: Despite declining prices in many markets, homeowners
What Mortgage Mess? (Forbes) The big firms skewered themselves on fancy mortgage derivatives. Joe Moglia's TD Ameritrade sticks to stocks and bonds.read more...
Feds Want Banks to Strengthen Web Log-ons Federal regulators will require banks to strengthen security for Internet customers through authentication that goes beyond mere user names and passwords, which have become too easy for criminals to exploit.read