Also, “What the LEI’s Tell Us About the Rest of the Year” and “Respecting the Message of the Markets”
BIG PICTURE07/26/2014Jim’s first Big Picture topic covers the state of the U.S. real estate market. He finds that real estate reports have been mixed, and as usual it boils down to location, location, location. Jim also notes that the real estate market is interest rate driven, and it cooled off considerably as mortgage rates rose in the second half of 2013.
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