Posts by: Dara

Special report: Goldman’s promised land: Salt Lake City

An interesting article about Goldman Sachs moving significant operations to Salt Lake City, “putting Utah’s capital city on a path to become Goldman’s fourth-largest global operation, behind only New York, New Jersey and London.”  http://www.reuters.com/article/2012/03/09/us-usa-goldmansachs-utah-idUSBRE8280XC20120309


Utah home prices are surging – top 10 market

“In September, home prices across the nation increased on a year-over-year basis for the 19th consecutive month.” According to CoreLogic, a property information and analytics provider, home prices jumped 12 percent in September from a year earlier. In fact, home prices have posted double-digit gains for eight straight months. “U.S. home prices continued their ascent […]


Utah is the “Reddest State” in America according to Politico

Utah is the Reddest State in America according to Politico with 62% Republicans vs. 26% Democrats.  Here is the link… http://www.politico.com/gallery/2013/01/10-bluest-reddest-states/000764-010900.html  


Minnesota’s Snowbird Tax

“Spend most of the year in St. Pete, pay the government in St. Paul.” Apparently, Minnesota Governor Mark Dayton, wants to tax the snowbirds even if they are no longer legally state residents. Here is an article from the Wall Street Journal http://online.wsj.com/article/SB10001424127887324329204578271720286958796.html?mod=googlenews_wsj


The Housing Crisis-Where’s the “Perp Walk”?

Real Estate Weekly:  On today’s show we try to understand the outrage that has spawned movements like “Occupy Our Homes” and why so many of us are impatiently waiting for prosecutions of bank executives which are usually highlighted by  the “Perp Walk”.  Real Estate Weekly discusses the various “actors” in the housing crisis, including the […]


Rental Markets-A Bright Spot?

I have noticed many investors on the “courthouse steps” increasing the rental property portfolio.    Check out this article from CNN Money regarding the rental market as a bright spot in the real estate market … http://money.cnn.com/2011/08/30/real_estate/rental_property_investing.moneymag/index.htm


What is working now? “Spec Home” building revisited

During the 2011 SUHBA Parade of Homes, I felt quite certain that if I had built  3 additional homes just like the parade home, I could have sold those too.   (The parade home went under contract several weeks PRIOR to the home show.) We have noticed an ever increasing trend in the Saint George Utah New Home Market where home builders are being forced to […]


BofA to Sell $880 Million in Commercial Real-Estate Loans

B of A has of late been lightening their load of real estate assets.  Here is the latest from B of A  from the Wall Street Journal…. http://online.wsj.com/article/SB10001424053111903791504576587083202130562.html


No Country Leans on Upper-Income Households as Much as U.S.

Scott Hodge of the Tax Foundation states “the U.S. has the most progressive income tax system among the industrialized nations”.  Here is a link to the article and a very interesting chart that shows all the  major industrialized nations THAT RANK BELOW US.  Check it out Here


Real Estate Investors on the Rebound

Real Estate investors are no longer in the dog house.  This from the New York Times http://www.nytimes.com/slideshow/2011/04/06/business/20110406-housing.html


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