economy: Say it isn't so... - 08/31/11 02:35 AM
Henry Blodget from the Business Insider wrote that 31% of the nations securitzed loans are non-performing (in default).  That just doesn't seem realistic.  Does anyone have a better number?  If not, then the sky is definitely falling.
(1 comments)

economy: Location, Location, Location??? - 08/29/11 03:01 AM
I read in the Wall St Journal today that the top three factors effecting real estate values are "jobs, jobs, jobs", and not "location, location, location".  This makes a lot of sense because if unemployment is high, foreclosures will increase, and housing values will fall.  Then I researched the unemployment rate for Overland Park, KS.  In 2010, the unemployment rate for Overland Park was 6.6% compared with the national average of 9.6%.  Wow!  The rate is up from past years, but much better than the rest of the country.  I think the local economy is the main reason housing values in Overland Park have been somewhat stable compared with other cities. Find … (0 comments)

 
Rachel Hunt (Reece & Nichols)

Rachel Hunt

Overland Park, KS

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