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Category Archives: Ping.fm
8 most business-friendly cities 8. Raleigh-Durham is number 8 of 8 Jennifer Dunleavy heads a staffing agency in the Raleigh area. Entrepreneurs give Raleigh great ratings for its training and networking programs. The city’s greatest asset is the talent it … Continue reading
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Last Week……………
There appears to be plenty of real estate people who believe they can succeed, as last week saw more housing numbers go through the roof. Existing Home Sales were up 4.2% in May to a 5.18 million unit annual rate, … Continue reading
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North Dakota leads the nation’s five fastest-growing state economies
CNN/Money‘s Steve Hargreaves reports on new Bureau of Economic Analysis data on each state’s economic trajectory. North Dakota’s energy boom led the state to have the fastest growing economy in 2012–five times the national average. Read More
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Housing will dominate the sparse calendar this week.
By Kathleen Madigan Housing will dominate the sparse calendar this week. The meager offering of data will allow investors to focus on speeches by Federal Reserve officials as well as the release of policy minutes Wednesday. The housing recovery remains a bright … Continue reading
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What Happened To Housing
I have not spent enough time on the supply side issue in housing. Thankfully, Cardiff Garcia posts on some of the constraints that are holding back a housing boom. He lists a number of concerns but one in particular strike … Continue reading
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FED CHITCHAT…
HOME SALES GAIN, DURABLE GOODS RECOVER, FED CHITCHAT… Additional data on the housing recovery comes in this week and more progress is expected for April. Existing Home Sales are forecast to inch higher to just below a 5 million unit … Continue reading
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Optimistic….
It definitely takes guts to remain optimistic in the face of some of the housing data coming at us these days. Last week, for example, we were greeted with a 16.5% drop in Housing Starts for April. It helps to … Continue reading
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Jobs report underwhelms: 88,000 jobs, 7.6% Unemployment Rate
Get ready for gloom-and-doomers to have their day. The Bureau of Labor Statistics March employment report came in this morning, with underwhelming tallies: 88,000 new jobs created (vs. expectations of nearly 200k), and a 7.6% unemployment rate that reflected more … Continue reading
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Severe Housing Cost Burdens Found in Every State
There are only 30 affordable rental units available for every 100 extremely low-income (ELI) renters, and just 57 affordable and available rental units for every 100 very low-income households, according to a new report by the National Low Income Housing … Continue reading
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bright and happy expectations
Americans currently have bright and happy expectations about housing, according to Fannie Mae’s latest National Housing Survey. Their chief economist commented, “Despite fiscal headwinds and political uncertainty, consumer sentiment toward housing is robust and continues to gather strength.” Specifically, 48% … Continue reading
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