Asian investors are beginning to take advantage of the struggling housing market in the United States by buying homes that have been foreclosed on and purchasing short sales below the price it would cost to build comparable new construction.
The recently released National Association of Home Builders/Wells Fargo Housing Market Index for December showed that builder confidence in the market for newly built, single-family homes increased two points.
Moving trucks may be a more common sight in cities with a strong technology industry, as a Jones Lang LaSalle report showed tech jobs are being created at a rate nearly four times higher than other sectors.
With the unemployment rate hovering above 9 percent, optimism about jobs isn't exactly easy to come by. But a new survey from ManpowerGroup shows that some cities have more cause for optimism than others.