The USA Today reported that America now has the greatest number of people aged 55 and up (28 million) than at any time in history.  That age, however varies significantly state to state. While the median age nationwide was 36.8 in 2009, Utah, Alaska and… Read more

Apartment Market Shows Improvement With Vacancy Rates in Top 64 Markets Down From 6.2% in 2009 to 6.6% Today. Apartment market shows signs of improvement -MarketWatch article

So what comes first jobs or housing demands?  This Wall Street Journal article addresses housing as potentially taking the U.S. out of this jobless recovery.  Rather, the article concludes, it will be jobs that take housing out of their doldrums.  Key points: Even if home… Read more

All-Time Record U.S. Deficit of $1.47 Trillion Forecast by the White House in 2010 With Little Improvement in 2011 The US Government is borrowing 41 cents of every dollar they are spending this fiscal year resulting in the largest single deficit in the history of… Read more

In every recession since 1949 the recovery from the recession has been driven by a recovery in housing.  Unfortunately, housing is once again hitting the skids.  The long hot summer continues… Housing Market Stumbles- WSJ

Quoted again in Bankrate.com’s daily blog. See link Below Excerpt from artcile: Rates fell amid financial turmoil in Europe and a disappointing June U.S. employment report, released last Friday. The economy shed 125,000 jobs, hourly earnings fell and the average workweek shrank by six minutes…. Read more

The Wall Street Journal reported today a slowing rate of increased vacancy at large shopping centers (albeit slight going from 8.9 to 9 percent in Q2) and declining lease rates (down 0.2 percent, though the smallest drop in seven quarters) in the top 80 U.S…. Read more