Wisconsin Republicans have begun increasing the pressure on the Democratic State Senators who fled Wisconsin to prevent legislature from having a quorum, thus forestalling that body's ability to vote on budget legislation aimed at returning the state to a sustainable course of fiscal sanity. These Democrats, who fled Wisconsin faster than the French left Paris, … Continue reading Labor Unions Intensify The Street War In Wisconsin
December 2010 Overview The December housing market begins with a continuation of the seasonal price and inventory declines, with asking prices down by 0.45% this month and active inventory down by 3.16%. In November 2010, the Altos 10-City Price Composite continued its seasonal decline by 0.45%. Expect weekly declines in price, inventory and demand through the … Continue reading Real-Time Housing Market Update December 2010
Congress approved and the socialist who resides in the White House has signed financial regulatory reform legislation that lacks - ironically enough - any actual reform.
Moody's says that even AAA-rated US Treasury bonds, considered the safest of investments, could be downgraded if Washington continues on its current path of failing to manage the federal debt.
“Preserving debt affordability at levels consistent with AAA ratings will invariably require fiscal adjustments of a magnitude that, in some cases, will test social cohesion." Moody's Investor Services
Given the difficulty of trending the home building market, it’s only fitting that the five experts we asked for the first five housing markets to recover picked an ersatz grab-bag of markets from the Great Plains, the Deep South, and even the Industrial Midwest. There’s something for nearly every builder in here. That said, the … Continue reading Housing Market Experts Predict the Housing Markets That Will Recover First
The newly expanded home buyer tax credit extends the $8,000 first-time buyer credit through April 30, 2010 and provides a new credit of up to $6,500 for repeat home buyers. The National Association of Home Builders (NAHB) is spreading the word to consumers about an important new law that extends and expands an attractive tax … Continue reading Tax Credit For Home Buyers Expands Home Buyer and Economic Activities