As we entered 2011, there was fear of a double-dip recession which caused a downturn in consumer confidence bringing the housing market to a near standstill. Now, as the year draws to an end, we are seeing some optimistic indications of a recovering economy.
In my recent interview on Fox Business News’ After the Bell, I discussed the signs of a turnaround in the housing market and how we are seeing incremental progress where homebuyers are beginning to take advantage of low interest rates and depressed housing prices. For a more in depth look on my thoughts on 2011, and outlook of 2012, read my most recent Forbes.com post “ America’s Recovery: Are We There Yet?”.
In my most recent Forbes.com post, I discuss the bubbling improvements in both the housing market, and the economy. Despite the numerous lucrative opportunities in housing, consumers are staying put, instead focusing on negative news. Does the shift in psychology signal a downturn, or a unique buying opportunity? Read more in my post by clicking below. I look forward to hearing your thoughts.
Since the advent of the economic crisis, banks have been forced to increase capital ratios. In my recent blog post on Forbes.com, I discuss why this may not be the solution for the banking industry, and may actually cause more harm than good. You can click here to read the post, or click on the image below. As always, I look forward to hearing your thoughts.