Category Archives: Interest Rates

Wall Street Rises from its Loses

  Wall Street was higher Tuesday, rebounding from four straight days of losses as traders awaited remarks by Federal Reserve chairman Ben Bernanke. Dow Jones industrial average rose 53 points, or 0.4 percent, to 12,142 in midday trading The Standard & Poor’s 500 index rose 5, or 0.4 percent, to 1,291 The Nasdaq composite rose…

The Economy and Real Estate Status in Florida

   Looking at today’s status of Florida’s real estate, the National Association of Realtors said that from December 2010, pending home sales rose. 11.5% compared to December 2009’s 1.7%.      NAR says that people should expect foreclosures which will keep home prices down, at least through the third or fourth quarter of 2011, but then again,…