Former Federal Reserve Chairman Alan Greenspan announced in an interview in late November 2006 that the “worst of the housing adjustment is over and sales figures have stabilized”. Greenspan is working on an analysis of the effect of mortgage wealth on consumer spending, with data from 1968 to present. The thesis is whether extracted home equity is “acting as a proxy for all types of financing of goods that would have been bought anyway”. It is unclear when the analysis will be complete, but Greenspan’s long history as the FED chairman gives him good perspective to review these statistics.
Digital mapping and associated services are being enhanced by Global Positioning System receivers. This is adding to the quality service Realtors® can offer with neighborhood demographics, relation of home to school, worship, shopping.
REITs focused on offices are likely to outperform those specializing in industrial or retail.
Farm land seems more valuable as it is projected that by 2008, 25% of corn will be used for ethanol production, compared to 6% in 2000.
Realtors® are optimistic that 2007 will be a great sales year!
Digital mapping and associated services are being enhanced by Global Positioning System receivers. This is adding to the quality service Realtors® can offer with neighborhood demographics, relation of home to school, worship, shopping.
REITs focused on offices are likely to outperform those specializing in industrial or retail.
Farm land seems more valuable as it is projected that by 2008, 25% of corn will be used for ethanol production, compared to 6% in 2000.
Realtors® are optimistic that 2007 will be a great sales year!
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