Weekly News Round-Up
.redfin.com had an interesting post today.
Here’s a quick excerpt:
The New York Times published an article on Home Prices Across the Nation, based on the recent Standard & Poor’s/Case-Shiller Index. You can see year-over-year growth in certain cities, with a 20-year-history for those markets being compared. The markets covered are Seattle, Portland, San Francisco, LA, San Diego, Phoenix, Las Vegas, Denver, Dallas, Miami, Tampa, Atlanta, Minneapolis, Chicago, Detroit, Cleveland, Charlotte, Washington DC, Boston, New York City. Makes for interesting reading and comparison.
It saddened me to see the headline on Clusterstock this week: “Desperate Americans Selling Nest Eggs, Life Insurance To Raise Cash.” Poor economic times force us regular folk into doing things we never imagined. We could all use a little belt tightening, I am sure, but having to dip into a retirement nest egg early is hitting more Americans each year. And it’s not just the housing crunch that is hurting them; gas and food prices are going […]
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