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News Updates:
- Hedge fund guru says moms and trading don’t mix (5/24/2013) -
“Leaning in may work for women in the world of tech. But if you’re a woman who wants to balance trading and a family, one hedge fund manager says that’s not possible.”
- Poor hit hardest by Washington budget cuts (5/24/2013) -
“Forced federal spending cuts intended to be equal and across-the-board have lately fallen harder on the nation’s poor, sick and elderly.”
READ MORE - Big Rent Increases for Expat Housing Around the World (5/24/2013) -
“Executives world-wide are on the move again—and rental prices are rising to the occasion.”
- Home Prices Growing At Pre-Bubble Rates On Bernanke Boost, But Big Shadow Inventory Lurks (4/30/2013) -
“Boosted by Ben Bernanke and turbocharged by tight inventories and strong recoveries in the worst hit cities, home prices continue to grow strongly. The widely followed Case-Shiller indexes showed the price of single-family homes across 20 of the most important U.S. cities grew 9.3% in February, its fastest rate since May of 2006 before the collapse of the housing bubble and subsequent financial crisis.”
- The drawn out impact of quantitative easing on real estate: Japanese real estate continues to struggle while Bank of Japan expands monetary base. Federal Reserve and Americans style quantitative easing. (4/30/2013) -
“Quantitative easing is unlikely to get any airtime on the local press but this is the overarching policy that the Fed has enacted to pull us out of the recession. What many people do not know is that Japan is ahead of the curve when it comes to enacting quantitative easing to deal with a collapsing real estate bubble. The Bank of Japan has made news this year by aggressively expanding their monetary base to spark some sort of inflation in their underlying economy and subsequently weakening the Yen. The Yen has gotten weaker relative to other currencies and the Nikkei is up 30 percent for the year. One of the bigger questions around quantitative easing and Fed policy is the longer term impact on our economy. Housing prices have
- Paulson Leads Hedge-Fund Push to Privatize Fannie (4/30/2013) -
“Hedge funds including Paulson & Co. Inc. are pushing Congress to abandon plans to liquidate Fannie Mae (FNMA) and Freddie Mac (FMCC) as investors buy up preferred stock that has long been considered worthless, according to people with knowledge of the discussions.”
- US foreclosure inventory falls 23% annually (4/30/2013) -
“The nation’s supply of homes in some stage of foreclosure plummeted 23% in March, declining from 1.5 million housing units a year earlier to 1.1 million distressed properties, CoreLogic said in a new report Tuesday.”
- HUD homes add to inventory-starved market (4/30/2013) -
“Any homebuyer on the market right now will tell you the crowd of buyers and multiple offers are creating a challenge.”
- Vacancy rates drop alongside homeownership rates (4/30/2013) -
“Vacancy rates across the U.S. suggest more Americans are slowly coming back into the housing and rental markets, but at a very controlled and deliberate pace.”
- HARP 3.0 chatter sparks private-label loan debate (4/30/2013) -
“Mortgage experts recently met with White House officials to discuss housing and mortgage issues, resurfacing the possible idea of establishing a Home Affordable Refinance Program 3.0 program.”
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