The Accelerated Wealth Blog is dedicated to giving you tips, resources, and an inside look of what we do each week. From special events to radio shows it is all here.
The Accelerated Wealth Blog is dedicated to giving you tips, resources, and an inside look of what we do each week. From special events to radio shows it is all here.
A Bright Spot in Housing
Abdur Chowdhury, Ph.D.
Chief Economist
Existing home sales increased by 2.7% in January to 5.4 million. Condo and co-op sales led the way, rising 4.7%, while single-family sales increased by 2.4%. Foreclosures and short-sales accounted for 37% of total sales. Regionally, the West continued to lead the nation in home sales followed by the South, while sales declined in the Northeast after a strong gain in December.
Signs that housing demand is increasing in the post-tax credits and other temporary incentives period is a positive sign. While inventories are still relatively high and foreclosures continue to exert a strong influence on market activity, there are multiple reasons for optimism on the housing front in the coming months, including easing credit conditions, affordable prices, and improvements in mortgage delinquencies and the foreclosure market. Moreover, as job growth picks up, it will push up home sales and help to absorb excess inventory.
http://www.youtube.com/user/hsdentfinancial?feature=mhum#p/u/0/MPHhH6v9me4
Dent sees a short coming market correction – this may be it and then a stock rally into the summer. What will happen when QE2 phases out?
Financial planning Retirement planning, Colorado Springs, Monument, Denver
Retiring Boomers Find 401(k) Plans Fall Short
Don’t let this be you. Boomers are finding that the last decade has impacted their 401K’s and retirement dreams. The sooner we build a Smart Retirement Solution for you the more hope you will have.
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