Wall Street Greek

The Wall Street Greek blog is the sexy & syndicated financial securities markets publication of former Senior Equity Analyst Markos N. Kaminis. Our stock market blog reaches reputable publishers & private networks and is an unbiased, independent Wall Street research resource on the economy, stocks, gold & currency, energy & oil, real estate and more. Wall Street & Greece should be as honest, dependable and passionate as The Greek.

Monday, October 13, 2014

Real Estate – Fed Gives Prospective Buyers More Time

Real estate investors were thrown a bone last Wednesday, when the FOMC meeting minutes release implied the low rate environment is likely to persist on Fed member concern about international issues. Previously, markets were growing concerned about the possibility of an early 2015 rate hike to start the new direction for FOMC monetary policy. But despite the economic gains we have seen at home, serious global issues do threaten, and the Fed has shown to be mindful of them and their ability to affect the American economy. While these issues are horrible and of great concern, real estate investors seemed to have a little more time to enjoy the unprecedented housing affordability that exists today. See the full real estate report here. Article interests SPDR Homebuilders (NYSE: XHB), iShares US Real Estate (NYSE: IYR), MGIC Investment (NYSE: MTG), Bank of America (NYSE: BAC), K.B. Home (NYSE: KBH) and Annaly Capital (NYSE: NLY).