Two major cyclical indicators, construction (as pictured by housing starts and permits in the first chart below) and industrial production (chart 2 below) are...
You just gotta love the obnoxious real estate prices in Manhattan. Vornado Realty Trust’s 220 Central Park South has already secured $1.1 billion, or...
Ben Bernanke’s low interest rates haven’t made life any easier for first-time home buyers. It’s almost impossible for this group to get a mortgage,...