So now we have the Atlanta Fed slicing its Q2 real GDP growth estimate down to a 2.4% annual rate. Macroeconomic Advisers, usually quite a bulled-up bunch, is down to 2.3%. The New York Fed is at 1.9% for Q2 and 1.8% for Q3. It should probably be mentioned that ten weeks ago, the Atlanta Fed was sitting pretty at a 4.1% Q2 growth forecast.
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Canadians looking for more affordable homes are increasingly looking south of the border for real estate investment, according to a new report. Foreign investment in U.S. real estate surged 49 per cent year-over-year for the 12-month period ending March 2017, according to new data released by the U.S.-based National Association of Realtors. Total foreign investment in U.S. residential property reached a new record high of US$153 billion, up US$51.4 billion from the previous 12-month period.
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Ten years after the U.S. housing market crashed, some things have gotten worse instead of better.
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Real Trends, a Colorado-based publishing company specializing in the residential brokerage and housing industries, released its 2017 Real Trends America’s Best Real Estate Agents list earlier this month. The list is now in its fifth year.
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A massive ramp-up in lending to questionable borrowers … fraudulent loan documentation … and accelerating defaults.
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We are entering a new age of American energy dominance according to Energy Secretary Rick Perry. President Trump reflected that view in comments he made last week that “…we’ve got underneath us more oil than anybody, and nobody knew it until five years ago.”
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The property tax reforms that died in the Texas Legislature nearly two months ago have officially been revived.
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If you happen to work for a private-sector employer who provides as a benefit a traditional pension, you might consider putting in place a back-up plan.
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The severe storm that tried to shut down Red Deer and other parts of Central in June serves as a reminder to people to check their insurance policies.
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A whole generation of young workers are being priced out of renting (let alone, buying) in major cities. Parking deserves part of the blame, suggests a recent study. Since the 1940s, many US cities introduced minimum parking rules: for every new unit of housing, developers must also build a certain number of parking spaces. This has effectively tied housing prices to transport costs.
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