Sunday, August 12, 2012

DailyMarkets.com - Anatomy Of A Real Estate Recovery: Minneapolis – St. Paul Area Housing Market Is Hot, Hot, Hot

DailyMarkets.com - Anatomy Of A Real Estate Recovery: Minneapolis – St. Paul Area Housing Market Is Hot, Hot, Hot


Anatomy Of A Real Estate Recovery: Minneapolis – St. Paul Area Housing Market Is Hot, Hot, Hot

Posted: 12 Aug 2012 05:12 PM PDT

The chart above provides evidence of the significant recovery going on in the Minneapolis Area real estate market, based on new data for market activity there in July:

1. Closed home sales in July increased by 14.6% above last year, and by 58% above two years ago. On a year-to-date basis, the 27,413 homes sold so far this year is the highest for any January-July period since 2006.       

2. Pending home sales in July (4,748) is 24.3% higher than the same month last year, … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


When Money Dies

Posted: 12 Aug 2012 04:35 PM PDT

 
My summer vacation reading this year was "When Money Dies" by Adam Fergusson. Above the title, The Week called it "A timely warning of the potentially dire consequences when central banks hit the printing presses. Below the title—the subtitle—was "The Nightmare Of Deficit Spending, Devaluation, and Hyperinflation In Weimar Germany."
I'd never heard of the book before my next door neighbor gave it to me on February 12, 2011. Checking occasionally, he has been disappointed … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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