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Economic News

Best investor markets of 2012 revealed

HousingPredictor.com recently listed the top five cities for its Best Investor Markets for 2012 report, which revealed Kansas to be a great place to invest.

Asian investors taking advantage of housing prices

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.

2011 ending with record low mortgage rates

Freddie Mac recently released results from its Primary Mortgage Market Survey, which showed mortgage rates are finishing the year at historic lows.

Home builders continue supporting community

Despite the troubled economy and stagnant real estate market, home builders are continuing to help less fortunate members of their communities.

Report shows builder confidence rising

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.

The South experiences jump in new-home sales

Moving trucks were zipping around the South in September as the region saw an increase of 11.2 percent in new-home sales, the largest jump in any region. The findings, reported October 26 by the U.S.

Federal funds go to Michigan

United States Transportation Secretary Ray LaHood recently announced more than $900 million in federal funds that will go to transportation projects around the country.

Study: Better neighborhoods are healthier

Low-income residents of poor neighborhoods experienced increased health when they moved to a better neighborhood, according to a study from the U.S. Department of Housing and Urban Development.

High-tech jobs far outpace other sectors

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.

San Antonio tops jobs outlook for fall

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.