Although an article in the New York Times dated 16th May claimed that there is a building boom in Las Vegas, there are grave doubts about it. Las Vegas does not seem to in the middle of another house building mania.
Eyebrows were rasied when the article was published about a boom in [...]
The majority is spelling doom – everything will be wrong. This makes them think that the only answer is gold. Irrespective of what the trouble is – inflation or deflation, government loans or Europe sinking, the one palliative to all these multiple problems is gold. There has been consequently a scramble for [...]
There is word going around that tar balls of oil are littering the famous white beaches of Florida. Apart from being an environmental disaster it has all the potentials to devastate an already mauled economy of the state.
Sean Snaith of Institute for Economic Competitiveness (University of Central Florida) bemoaned the unfortunate [...]
The economy is listening to neither Governor Martin O’Malley or to the candidate for the post of the governor Republican Robert L. Ehrlich Jr. Like a voter who has not made up his or her mind the economy is sitting on the fence with stagnation on one side and recovery on the [...]
If neighbours neglect their property and allow weeds to grow as well as raccoons to breed what should be done? The first thing is to talk to the neighbours and if that does not have any effect then other neighbours can club together and go to the authorities relating to control [...]
The foreclosure crisis has brought about a total change in the socio-economic scenario and parents are facing the problem of bringing up children in the post recession period. The task is proving to be challenging especially among the affluent and the upper middle class. In changed times, without jobs many children [...]
The long term effects of the crisis will be grave. The recession is over. The economy is recovering – albeit slowly. But there is growing concern about the long term effects in the housing sector because of the economic downturn.
Professor Joe Peek of Kentucky conducted a study on behalf of Mortgage Bankers [...]
Tax hits pop up as ugly surprises for many sending out a warning to those who are mulling over walking off from unmanageable mortgages. Taxes will not leave them.
Although all residential house owners, who have gone underwater, will not have reason to be alarmed, many of them are finding that the loss [...]