Economy

ARIZONA JOBS! FEBRUARY 2011 REPORT: Seasonal Job Gains in February; Unemployment Rate Unchanged at 9.6%

by Jeff Cameron April 9, 2011 Breaking NEWS!

Sorry for the delay, this came out about 2 weeks ago. Good news, 23,400 jobs were created. Lower than the normal rate of seasonal activity but positive. Over half of the jobs, 12,000 were in the private sector. I keep seeing more and more job relocations to the state.

Did you see that First Solar selected …

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GDP Beats Analysts Expectations at 1.6% Growth, Revised Down from 2.4%

by Jeff Cameron August 27, 2010 Business

It always amazes me how bad news can be good news for Wall Street. But that is what we are seeing today. You see the revision down to 1.6% from 2.4% is better than the expected revision to 1.4%. They seem to be putting the blame on an increase in imports. Thank you to China …

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JOBS JOBS JOBS THAT IS THE ANSWER TO THE ECONOMY – HAVE BUSINESS BEGUN TO HIRE?

by Jeff Cameron August 5, 2010 Business

So tomorrow is the big day! The jobs report for July 2010! Most expect large losses, but the expectation is the losses are the census workers. The talking heads are also expecting large private sector jobs to offset most of those losses. We will see. But in my heart of hearts, I hope so. We …

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Economist: V-Shaped Recovery Won’t Go W-Shaped

by Jeff Cameron August 2, 2010 Real Estate Market Update

OK, so every week is different. For the last few months all we have heard is the “W” or double dip recession is here. Either way, until we have job growth, and that growth in good paying jobs what difference does it make? Bring me some good jobs, happy people working hard and earning money, …

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US GDP up 5.7% in Q4 2009 – Is this the Beginning of the Recovery??

by admin January 29, 2010 Real Estate Market Update

US GDP up 5.7% in Q4 2009 – Is this the Beginning of the Recovery??

Who knows for sure. But I have to tell you, the real estate world had a lot to do with that jump. Investors, first time home buyers and move up buyers bought homes last year at record levels. Most, nearly 60%, …

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Trade Deficit grows by 9.7% in November, as imports increase by 2.6%

by admin January 14, 2010 Real Estate Market Update

Is the economy recovering? Imports rise by 2.6% of course led by the increasing cost of oil. America’s wealth being shipped out the country either directly to oil countries or through China as they continue to sell cheap goods to American and use the money to buy more oil!

Let’s hope the rise in imports is …

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USA: ECONOMY SURGES 3.5% IN Q3

by admin October 29, 2009 Real Estate Market Update

Wow, I am loving it! GDP jumps 3.5% in Q3! With the resurgence of the housing market since the beginning of the year, we are now seeing economic growth. Well, what did you expect? With 60% of sales being REO/Bank Owned and 12% being Short Sales, a great portion of which need complete remodeling. This …

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ARE BANKS STARVING THE RECOVERY? BY JIM JUBAK

by admin October 12, 2009 Real Estate Market Update

ARTICLE ABOUT BANKS AND M2

I received this article from Byan Jones at the Talon Group. I think it is quite enlightening and wanted to share it with you. Now in hind sight, we clearly see the banks and lending institutions were the main catalysts to the financial melt down.

Now, as the economy struggles to get …

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WARREN BUFFETT SAYS WORST IS OVER, BERNAKE AND OTHER HEROS

by admin September 16, 2009 Real Estate Market Update

Wow, these are some pretty huge statements out of one of the most respected American business men, Warren Buffett. He claims the worst is over and there will not be a double dip recession. Pretty bold considering we still don’t know the affects of the Commercial Real Estate bubble bursting. But, hey, he knows more …

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Up Coming Bank Owned Property in Grayhawk

by admin September 1, 2009 Real Estate Market Update

Check it out. I just took this video of a new REO, bank owned foreclosure home in Grayhawk. Grayhawk is a golf community located in north Scottsdale. This little piece of real estate is not currently available to the general public. You can be the first to view, tour and write an offer. Our experience …

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