Wall Street Greek

Editor's Picks | Energy | Market Outlook | Gold | Real Estate | Stocks | Politics
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.



Wall Street, business & other videos updated regularly...

Seeking Alpha

Thursday, October 30, 2014

Real Estate Recovery is A-Okay

We received evidence last week that the real estate recovery is intact. Both existing home sales and new home sales data showed steady activity atop historical trend lines. The iShares US Real Estate (NYSE: IYR) rose throughout the week, along with other real estate relative securities.

Real Estate Relative Security
Week Ended 10-24-14
iShares US Real Estate (NYSE: IYR)
+3.2%
SPDR S&P Homebuilders (NYSE: XHB)
+4.8%
MGIC Investment (NYSE: MTG)
+0.1%
Bank of America (NYSE: BAC)
+3.1%
Market Vectors Mortgage REIT (NYSE: MORT)
+1.2%
PulteGroup (NYSE: PHM)
+7.2%
AvalonBay Communities (NYSE: AVB)
+1.2%

Do not buy into the hype about housing’s supposed impending second demise. The real estate market has just been shown to be improving, and fertile ground remains for future growth. See my latest report on Real Estate here.

Celebrities Fashion Designer NYC

Labels: ,

free email financial newsletter Bookmark and Share

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).

Best NYC

Labels: ,

free email financial newsletter Bookmark and Share