Stagflation — A Blast From the Past for Today’s Economy?

It was an unpleasant word when it was coined back in the seventies, and that’s still true today. But some economists fear that stagflation _- that hybrid of stagnation and inflation that raised its ugly head fur decades ago may be returning to haunt the emerging...

Westward Ho: Economic Power Shifts Away from Asia

The sun sets in the west, but in economic terms, it may just be starting to rise. After Asian economies, led by China, began to surge a few years ago, economists and market watchers claimed that the future belonged to the East. Leaving the US and the struggling...

Asian Investment Boosts US Real Estate

The latest wave of foreign investment in US real estate comes from China. Chinese investors backed by government funds are pouring money into a variety of projects and properties around the country – and they’re being welcomed with open arms by many US sellers and...

Pocket Listings: A Shady Real Estate Practice?

The ups and downs of a volatile housing market create fertile ground for opportunists trying to make buck –or several – from all sides of a real estate transaction. Though not actually illegal, practices like the “pocket listing” end up putting more money into the...

Interest Rates Are Up – But Mortgages Are Too

Mortgage interest rates are still astonishingly low, even though they’ve begun to creep up from the historic low levels of a few months ago. While some housing industry watchers have worried that the rise in rates could put the brakes on the emerging housing recovery,...