Miami Resort casino debate could become epic battle
As each of the state’s most powerful business and political interests line up to fight over the fate of destination Miami Resort Casino, emotional appeals for jobs will be pitted against emotional concerns about the future of Florida by Mary Ellen Klas TALLAHASSEE — Despite the promise of thousands of jobs and the millions of ...
Psychology of Home: Why Where You Live Means So Much
My house is a shrine to my homes. There’s a triptych of sunsets next to my bedroom door, dusk forever falling over the small Michigan town where I grew up, the beach next to my college dorm and Place de la Concorde in Paris, where I spent a cliché but nonetheless happy semester. And that’s ...
Miami Real Estate Market Embraces Brazilians
In Miami, foreigners account for more than 65 percent of all condo and home sales, according to the Miami Association of Realtors. MIAMI — In 2008 the real estate market in this “Gateway to Latin America” was in the dumps, with the hottest deals involving foreclosures. And the future looked as dark as many of ...
A Plan for 2012 That You’ll Actually Follow
By Carl Richards Carl Richards is a certified financial planner in Park City, Utah. His sketches are archived here on the Bucks blog. His new book, “The Behavior Gap,” will be out in January. For 2012, I have a challenge for you: make financial decisions on purpose. Too much of what we do is based ...
Finally, Some excellent investment advice: Don’t Play The Losers’ Game
by Henry Blodget If you’re an individual with some money to invest, the first thing you need to know if you want to invest intelligently is that you shouldn’t play the Losers’ Game. What’s the Losers’ Game? The game that 99.9% of the people who talk about investing appear to be playing: Namely, following global ...
Casinos could be jackpot for condo-hotels
Real estate developers, sales agents and unit owners are preoccupied with visions of how casinos could provide further stimulus for the South Florida condo market. By Peter Zalewski Special To The Miami Herald South Florida’s condo industry is reaching an almost giddy level of optimism in anticipation of the January session of the Florida legislature, ...
Where to Invest 2012
I found this article very interesting in essence and guidance at Wall Street Journal By
Time for Home Buyers to Go Long
By Quentin Fottrell Though real estate prices are barely budging, experts say this may be a good time to buy a house. But only for those willing to stay put. On the face of it, the latest news doesn’t bode well for potential house buyers. House prices will steadily rise in 2012 but economists don’t ...
Take action while interest rates are record low
While many prospective buyers remain “on the fence” concerned housing prices may fall further or while they remain focused on squeezing the sellers to perhaps unrealistic valuations, it may be a good idea to highlight the small benefit in a reduced price versus the potentially high risk that mortgage rates will increase and the long ...
America the Stuck
The share of Americans moving hit a new low this past year, according to the Census Bureau (via The New York Times’ Economix blog). Just 11.6 percent of Americans moved their residences between spring 2010 and spring 2011, less than the then record low of 11.9 that was recorded in 2008, at the height of ...
Market News
- AT&T CEO pay docked $2 million for T-Mobile debacle February 22, 2012What's the cost of a $4 billion gamble gone wrong? […]
- Stocks end lower as market takes a breather February 22, 2012U.S. stocks drifted lower Wednesday amid doubts over the latest bailout for Greece and concerns about global economic growth. […]
- PC slump kills HP and Dell's bottom lines February 22, 2012Maybe HP wants to rethink that whole "we're not getting rid of the PC" decision? […]
- Consumer bureau targets overdraft fees February 22, 2012The new consumer bureau said Wednesday that it plans to target a kind of bank fee that makes customers see red: Overdraft protection penalty fees on checking accounts. […]
- Obama: Slash corporate tax breaks and rates February 22, 2012After more than a year in the making, the Obama administration on Wednesday released its plan to overhaul the corporate tax code. […]
- Mitt Romney's plan to cut your taxes February 22, 2012In a switch to a more aggressive tax plan, Mitt Romney said Wednesday that he now favors cutting marginal tax rates for individuals by 20%. […]
- Judge tosses another claim in Madoff case February 22, 2012In another blow to the trustee in the Bernard Madoff case, a federal judge threw out a $20 billion lawsuit attempting to recover more of the stolen funds. […]
- Home prices at lowest point in more than 10 years February 22, 2012Home prices fell to their lowest point in more than a decade in January, which helped to lift the pace of home sales, according to a report from an industry trade group. […]
- Honda recalls 46,000 Odyssey minivans February 22, 2012Honda is recalling 46,000 Odyssey minivans because their power tailgates, when open, can drop unexpectedly, potentially injuring anyone standing underneath. […]
- Consumer bureau targets overdraft fees February 22, 2012The new consumer bureau said Wednesday that it plans to target a kind of bank fee that makes customers see red: Overdraft protection penalty fees on checking accounts. […]
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