Economic news as it relates to our buyers and sellers of real estate.
ARCHIVED BLOG POSTS
Around "9/11" the US $ would buy 1.85 Swiss Francs.....today the $ buys only .935 Francs...the dollar has gone down that much! If we do all our earning and spending in US $, who cares? If we want to take a trip to another country. If the US government wants to continue to borrow money from fore...
I read an article in our local paper quoting our Governor Elect on the issue of job creation. The statement was very interesting in that if we have an additional retiree that moves to Florida....that creates one job due to increased economic activity. If, on the other hand, a much younger colle...
The National Association of Realtors announced, with much fanfare recently, a large jump in "pending sales" of homes in the US. As we have all heard and experienced, the "first time home buyer" is the major buyer of these properties. This phenomenon is called a "wealth transfer". It happens eve...