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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 in September. Average home prices in nearly half the states are now within striking distance of their pre-downturn pricing peaks,” explained Anand Nallathambi, president and chief executive officer of CoreLogic.  Here is the article and complete list.
http://wallstcheatsheet.com/stocks/top-10-states-where-home-prices-are-surging.html/?a=viewall


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 Big Banks who did not listen to their own compliance and fraud officers as the real estate investors and amateur “speculators” who fueled the demand for the bogus loans.

If you missed the show it will be posted soon on the realestate-weekly.com website.




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