Tag Archives: economy

Cities Weigh Eminent Domain for Underwater Mortgages

Posted on August 17, 2012 by The Agency Florida

Several local governments across the country are considering using the power of eminent domain to seize underwater mortgages — a controversial move that has been drawing widespread criticism in recent weeks. While the governments are considering various ways how to … Continue reading →

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Home Builder Shares Become Hot Stocks

Posted on August 14, 2012 by The Agency Florida

Home builder shares have risen to record levels this year as a rebound takes shape in the new-home market, following one of its worst years on record, Bloomberg reports. The Standard & Poor’s Supercomposite Homebuilder Index has risen 53 percent … Continue reading →

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The one number to watch for a housing recovery

Posted on March 31, 2012 by The Agency Florida

Over the past few months, many economists have concluded that that the U.S. housing market has reached a turning point and is healing. This may sound hard to believe, since home prices have continued their downward trend. In 2011, prices … Continue reading →

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