DailyMarkets.com - Phoenix Real Estate Market Is Booming: Multiple Offers Within Days, Shortage Of Houses For Buyers

Phoenix Real Estate Market Is Booming: Multiple Offers Within Days, Shortage Of Houses For Buyers
Wall Street Slips As April Draws To Close
Online Job Demand Improves In April And The Supply/Demand Ratio Is Lowest Since Fall 2008

Phoenix Real Estate Market Is Booming: Multiple Offers Within Days, Shortage Of Houses For Buyers

Posted: 30 Apr 2012 09:23 AM PDT

From the Arizona Republic:

“Home prices are surging in metro Phoenix, climbing 8 percent in March alone and 20 percent in the past 12 months. The median price of a house in the region climbed to $134,900, according to a new report from the W. P. Carey School of Business at Arizona State University.

Mike Orr, Director of the Center for Real Estate Theory at ASU, doesn’t expect home prices to continue to climb as fast as they did in March over the next few months. But he projects metro … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Wall Street Slips As April Draws To Close

Posted: 30 Apr 2012 08:20 AM PDT

04/30/12 US stocks took a breather as the latest economic data releases were digested. Chicago PMI slid below expectations, while Spain slid into a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Online Job Demand Improves In April And The Supply/Demand Ratio Is Lowest Since Fall 2008

Posted: 30 Apr 2012 07:53 AM PDT

From today’s Conference Board report on online labor demand:

“Online advertised vacancies rose 90,900 in April to 4,760,500, according to The Conference Board Help Wanted OnLin (HWOL) Data Series released today (see chart above). The April rise is the fifth consecutive monthly rise and has led to the series' highest level to date. The Supply/Demand rate stands at 2.7 unemployed for every vacancy, and the number of unemployed was 8 million above the number of advertised vacancies.

"Labor … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards