Economy Watch: Spain Set to Ask for Bailout
Late last week word broke that Spain was going to formally request what the country has so far only informally requested, namely financial assistance from the EU for its sickly banking sector.
‘Economy Watch’ Podcast with Dees Stribling: The Nervous Summer Continues
The nervous summer continues.
Economy Watch: Existing Home Sales Drop Slightly
Existing U.S. home sales dropped by 1.5 percent month-over-month in May, according to the National Association of Realtors.
Economy Watch: No QE3 Just Yet, But More Twist
The Federal Open Market Committee issued a statement about the economy and what it plans to do in the near future about its stubborn sluggishness.
Economy Watch: Housing Starts Edge Down
The Census Bureau reported that U.S. housing starts in May came in at an annualized rate of 708,000 units, which is 4.8 percent below the revised April estimate of 744,000 units per year.
Economy Watch: Pro-Bailout Party Ekes Out Victory in Greece
Polls closed in Greece at noon Eastern time on Sunday, and preliminary results indicated that the pro-bailout New Democracy party won about 30 percent of the seats in the Greek parliament.
‘Economy Watch’ Podcast with Dees Stribling: Some Good News
It wasn’t all bad news this week.
Podcast – Leading Investors
Jack Kern and Mike Ratliff dissect the results to our 2012 look at the Leading Commercial Investors. We are expecting to see more acquisition activity, with a bit of development, in most major markets and all property sectors. Be sure to check out the full results of the 2012 ranking of the Leading Commercial Investors.
Economy Watch: Foreclosures on the Rise
RealtyTrac reported that U.S. foreclosure filings spiked 9 percent in May compared with April, by which the company means an aggregation of properties vexed by default notices, scheduled auctions or bank repossessions.
Economy Watch: Retail Sales Edge Down in May
American shoppers pulled back a bit in May, according to the Census Bureau.