Real Estate's Driving Force in the U.S. Economy
What do New York condo sales to foreign investors have to do with the U.S. economy? Find out how real estate drives U.S. markets and what current indicators are saying about the U.S. economy.
From July 2014
Whether you are a retail or commercial investor, real estate can have a significant impact on the economy and your finances.
In this podcast, Executive Vice President and Chief Investment Officer Ron Joelson and Vice President of Investment Advisory Services Mark McLennon talk about how Russia’s activity in Ukraine could impact U.S. investing as well as the positive signs the U.S. real estate market, such as:
- Volume of previously owned home sales
- Inventory of homes for sale
- Rate of foreclosure sales
- Overall price rise