Federal Reserve chairman Ben Bernanke claims that the US economy was not in shape to withstand preemptive efforts to ward off a housing bubble by raising interest rates. Moreover, he doesn’t put all the blame on subprime mortgages, insisting that stricter oversight to prevent companies from growing…
Home sales reports continue to paint a very mixed picture of the current market, and prospects of a housing recovery remain murky at best. The brightest part of the picture, an increase in home affordability, keeps dim hopes alive in the near future. See the following article from The Street for more…
The retirement dream is still alive and well for many, as long as you are willing to look in other parts of the world. The country of Ecuador, with its quiet little towns and budget stretching lifestyles, makes a tremendous case for living the expatriate dream. See the following article from International…
The launch of a new office in Sao Paolo by ADIT Brasil, aims to break down barriers to foreign investment in Brazil’s real estate and tourism segments. In its efforts to accurately showcase projects, the new Investment Agency will hit the road this Fall to present planned developments. See the following…
As the total number of permanent mortgage modifications reaches new heights, private programs are far outpacing HAMP in terms of overall effectiveness in stemming the tide of foreclosures. These efforts, however, are seeing mixed results, as foreclosure starts continue to rise, while delinquencies…
With the majority of its gross domestic product comprised of financial services and tourism, the British Virgin Islands has just begun to recover from the effects of the global recession. Tourism is up and there has been continued development of luxury resorts and properties as well, leading analysts…
