Double Dip?

For those worried about a double dip recession, well there is good news...and bad. The good news is that it would probably take a significant shock to knock the economy off course. The bad news it that in this current environment, there are a lot of possible shocks. Most economist feel the economy will right itself. They argue that the recent rough patch is temporary and due to three things:

1. Supply-chain disruptions caused by the earthquake and tsunami in Japan
2. Severe weather and flooding in the Southeast and Midwest
3. The recent ease of high gasoline prices

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The prices of the Spanish real state will continue falling two more years.

Real estate prices in Spain are still falling according to the latest figures to be published by the country’s National Institute of Statistics but there are signs that sellers are more realistic.



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Renter Nation provided by Barron's

The recession and shifting demographics will swell the ranks of people who will rent, not buy, housing over the next five years.

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Recession Lessons

Great article about how five brokers have adapted their practice to survive the downturn. Read More