Fox Lake Towing and Recovery

Tag: housing market

Rising Rents Could Be the Spark That Reignites Inflation

by on Feb.07, 2011, under Towing

Vacancy rates have been declining at apartments around the U.S., and that means that rents are climbing -- and likely will head even higher in the next year.

Vacancy rates have been declining at apartment buildings across the U.S., sending rents soaring. And because housing makes up a big part of core inflation, those higher rents could translate into a doubling of the inflation rate this year.

Continue reading Rising Rents Could Be the Spark That Reignites Inflation

Rising Rents Could Be the Spark That Reignites Inflation originally appeared on DailyFinance on Mon, 07 Feb 2011 12:00:00.

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Housing’s Long and Winding Road to Recovery

by on Jan.27, 2011, under Towing

Housing prices are still falling, but home sales are heading up.

While home prices were falling last fall nearly nationwide, the pace of sales has picked up more recently. Overall, it seems clear that the worst of the housing debacle has passed. It’s just that the U.S. remains on a slow, grinding track back to housing health.

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Housing’s Long and Winding Road to Recovery originally appeared on DailyFinance on Thu, 27 Jan 2011 12:30:00.

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Washington Spin, Not Substance, Is Just What Investors Need Now

by on Jan.27, 2011, under Towing

As Economy Recovers, Obama Turns From Substance to Spin

With the economic recovery gaining steam, President Obama’s State of the Union address — and the GOP response — should be seen as a shift to a less activist approach. Feel-good rhetoric may be wiser than heavy-handed policies that could easily backfire.

Continue reading Washington Spin, Not Substance, Is Just What Investors Need Now

Washington Spin, Not Substance, Is Just What Investors Need Now originally appeared on DailyFinance on Thu, 27 Jan 2011 09:30:00.

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Foreclosure Filings Soared in 2010

by on Jan.13, 2011, under Towing

2010 was an especially tough year for homeowners, according to a year-end report from RealtyTrac. Many foreclosure proceedings, however, were stopped late in the year, which means that as many as a quarter million foreclosure filings could be added to the data in early 2011.

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Foreclosure Filings Soared in 2010 originally appeared on DailyFinance on Thu, 13 Jan 2011 06:45:00.

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Massachusetts Ruling Slams Bank Foreclosure Practices

by on Jan.07, 2011, under Towing

Foreclosed home

The state’s highest court affirmed the fundamental and long-established idea that a bank must own the mortgage it’s foreclosing on before it forecloses. The ruling pertained to Wells Fargo and US Bancorp, but investors are hammering all bank financial stocks in reaction.

Continue reading Massachusetts Ruling Slams Bank Foreclosure Practices

Massachusetts Ruling Slams Bank Foreclosure Practices originally appeared on DailyFinance on Fri, 07 Jan 2011 16:30:00.

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