CJ Johnson

Parts of America see huge home equity gains, others languish

By Alex Tanzi Bloomberg A decade after the recession sparked by the collapse of the housing market, the fortunes of homeowners keep getting better in large swaths of America, but not all. Just 3.5 million homes with mortgages in the U.S. — or about one in 15 — are “seriously underwater” in the third quarter, …

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Fed cuts rates by quarter point, split on further reductions

The Federal Reserve cut interest rates for the second time this year in an attempt to cushion the U.S. economy from trade tensions, slowing global growth and low inflation. The U.S. central bank voted Wednesday to reduce its benchmark interest rate by 0.25 percent, or 25 basis points. That’s the second straight reduction, after the Fed …

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Tech v People: Which Real Estate Strategies Will Win?

The real estate industry caters to independent strategies. For every investor, there is another way to go about conducting business. Some may prefer to utilize the convenience of technology while others want to maintain personal relationships. However, for one reason or another, there remains a void between these two independent strategies. Smart investors will figure …

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