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
“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 Read More …
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
“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 Read More …
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 Read More …
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 … When real estate agents talk Read More …
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 Read More …
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
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 Read More …
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