Note: the ISM PMI increased to 56.3 from 55.5 in July (I’ll have more later). Overall construction spending decreased in July. Click on graph for larger image in new window. This graph shows private residential and nonresidential construction spending since 1993. Note: nominal dollars, not inflation adjusted. From the Census…

ADP reports : Private sector employment decreased by 10,000 from July to August on a seasonally adjusted basis, according to the latest ADP National Employment Report® released today. The estimated change of employment from June to July was revised down slightly, from the previously reported increase of 42,000 to an…

The MBA reports: Mortgage Applications Increase as Rates Hit New Low in MBA Weekly Survey The Refinance Index increased 2.8 percent from the previous week and is at its highest level since May 1, 2009. The seasonally adjusted Purchase Index increased 1.8 percent from one week earlier. … “Refinancing activity…

3.0 out of 5
From 6 Reviews
Write A Review
Best Price: $ 117.92 |

Brief and affordable, FUNDAMENTALS OF BUSINESS LAW: SUMMARIZED CASES focuses on core business law topics, including contracts and sales. Summarized cases are integrated throughout the text to illustrate key points of law. FUNDAMENTALS OF…

Fitch Publishes U.S. CMBS Focus Report – Third Quarter 2010 Update on GE 2005-C2
NEW YORK—-Fitch Ratings has published its U.S. CMBS Focus Performance Report – Third Quarter 2010 Update on GE Commercial Mortgage Corporation, series 2005-C2 . The report provides a detailed and up-to-date perspective on key credit…

Tom Lawler reports that at the end of August, listings on Realtor.com totaled 4,007,860, down 0.7% from 4,038,133 at the end of July. This is 2.5% above August 2009. The NAR reported inventory at 3.98 million at the end of July, and at 3.924 million in August 2009. So they…

4.0 out of 5
From 35 Reviews
Write A Review
Best Price: $ 12.47 |

What is the investment opportunity from America’s financial crisis? Somewhere north of one trillion dollars of debt–mortgages, credit cards, and other forms–will be written off and sold to buyers at pennies on the dollar. It…

With reverse mortgage loans, real estate practitioners and property owners have lots to gain. Cash-trapped seniors are able to remain in their homes with the help of their equity while real estate associates can earn goodwill and future referrals for seniors who are not yet ready to sell. There…

This is one of several industry specific indexes I track each month. Click on graph for larger image in new window. Same store sales and customer traffic both declined in July (on a year-over-year basis). This is the fourth consecutive month of declines. Unfortunately the data for this index only…

If you’ve read the reader mailbags for a while, you’ve noticed that I often get messages from people who have worked their way into a good financial place and now have some money to invest, often for the first time in their life. They look around, watch CNBC, read…