Inventory has been increasing for the number of homes on the MLS. Sales have slowed a little here in Central Florida so the slight decrese in prices in not seasonal.
Gene Hoffman
WASHINGTON (AP) — The number of Americans who signed contracts to buy
homes fell for the eighth straight month in February, a sign of slow
real estate sales over the next few months.
The National Association of Realtors says its seasonally adjusted
pending home sales index dropped 0.8% to 93.9. The index has fallen
10.5% over the past 12 months.
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Thursday, March 27, 2014
Wednesday, March 12, 2014
Sell butter and make $$Millions$$ greasing the political wheel BY FRANCISCO TORO
Venezula has more oil offshore than any county in the World an yet people are lined up arounf the block to buy one stick of butter and a roll of toilet paper. Gene Hoffman
A recent New York Times article about the protests in Venezuela reported that "demonstrators condemn a wide range of perennial problems, including… shortages of basic goods like sugar and toilet paper." This has become a meme in coverage of the unrest, as just about every story mentions these "shortages" as a reason for the student demonstrations. The word has become a kind of shorthand for the chaos and decay of the Venezuelan economy, driven by bolivarian socialism's uniquely self-destructive mix of economic policies. But how, you might wonder, does government policy cause a toilet-paper crisis?
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A recent New York Times article about the protests in Venezuela reported that "demonstrators condemn a wide range of perennial problems, including… shortages of basic goods like sugar and toilet paper." This has become a meme in coverage of the unrest, as just about every story mentions these "shortages" as a reason for the student demonstrations. The word has become a kind of shorthand for the chaos and decay of the Venezuelan economy, driven by bolivarian socialism's uniquely self-destructive mix of economic policies. But how, you might wonder, does government policy cause a toilet-paper crisis?
Read More...
Tuesday, March 11, 2014
Investors closely monitoring Pimco after internal strife
The thirty year bull market for bonds maybe ending soon. The bond market is a huge market. Currently billions of dollars are leaving bonds. Soon interest rates rates will creep up because people will want their money to work for them. The dollars will chase higher returns and interest rates will go up. Many people believe the stock market has peaked. I am suggesting this will have a domino effect in the next two months. Get out while you can and find a safe place for your money.
The investors, including retirement systems, have formally put Pimco on "watch lists," a signal that they will keep a much closer eye its performance than usual. It could eventually lead to reductions in the amount of money they allocate to funds at the firm, whose full name is Pacific Investment Management Co and which has $1.91 trillion in assets.
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The investors, including retirement systems, have formally put Pimco on "watch lists," a signal that they will keep a much closer eye its performance than usual. It could eventually lead to reductions in the amount of money they allocate to funds at the firm, whose full name is Pacific Investment Management Co and which has $1.91 trillion in assets.
Read More...
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