The general price level in 2010 relative to 2009 shows average price levels that are nearly flat. The reason for this trend is significant commodity price increases in 2007 and 2008 that collapsed after the global financial crisis. Much of the reason for the price...
One of the most important concepts for investors to understand is that a dollar today is not the same as a dollar yesterday, and is not the same as a dollar tomorrow. Over time, inflation erodes the purchasing power of currency. This is critically important, because...
Baby boomers looking to settle down should check out these affordable locales. In the suburbs of New York and Los Angeles, a four-bedroom home with a pool, three-car garage and vaulted ceilings could easily set you back $2 million or more. But 20 minutes from downtown...
With all the doom and gloom about U.S. house prices, investors are sitting on the side lines waiting for the “bottom”. After all, the Case-Schiller Index, now widely recognized as the best measure of overall house price levels in the U.S., continues to drop. If you...
One of the most impactful news items heading into 2011 is the announcement by Bank of America that foreclosure activity is being suspended, and the decision by government agencies to increase scrutiny on the foreclosure process. In the wake of this announcement,...
