First, to all U.K. readers I want to properly and whole-heartedly welcome you the accommodation depression!
How’s that for an U.S. export! Take that you Redcoats!
Recently, the two most famous and long running monthly U.K. housing price indices registered the largest year-over-year declines in at least 15 years.
Notice that annual price appreciation peaked in 2003 and [...]
At present, the section of Labor released their latest read of Joblessness showing seasonally adjusted “initial” unemployment claims decreased 9,000 to 365,000 from last week’s upwardly revised 374,000 claims and “continued” claims went unchanged resulting in an “insured” unemployment rate of 2.3%.
It’s very significant to understand that today’s report continues to reflect employment flaw that [...]
With the central bailout now well happening and seeing that the battered huge “linchpin” mortgage enterprises of Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) will, with the help of the “provisional” increase of the compliant loan limits, the brazen lowering of their capital supplies and other even more work of fiction actions, ride to the [...]
Recent results have exposed some slowing across all classes of profitable real estate; January’s results again show a continuance of price increase.
Components experienced growth both on a year-over-year basis with all but the “office” component gaining as compared to the prior monthly result.
This report will be chiefly important to monitor over the next few months [...]
Friday, September 12, 2008
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