1.New Orleans among riskiest real estate markets in country, Bloomberg reports
“New Orleans is among the most risky real estate markets in the country when looking at the biggest gains and losses homeowners have experienced over the past three decades, Bloomberg reported recently.”
2.Real Estate Markets ‘Recovering from the Recovery’
“A joint research conducted by PricewaterhouseCoopers (PwC) and the Urban Land Institute (ULI) claimed that 2014 will be the year when real estate markets “recover from the recovery,” as buoyed by steadily growing demand for commercial real estate properties.”
3.US stocks close at records; Dow near 17,000
“U.S. stocks jumped on Tuesday as Wall Street started the second half of the year with the Dow rising to within two points of 17,000, as data showed expansion in U.S. manufacturing and better-than-expected sales for major U.S. automakers. ”
4.Global economy seems to be improving: Trader
“Dissecting the current trading environment and how the economy is improving, with Dani Hughes, Divine Capital CEO; “Fast Money” trader Brian Kelly; CNBC’s Bob Pisani; Eunice Yoon and Sharon Epperson. ”
5.Bullish on housing: Pro
“Tim Rood, The Collingwood Group chairman, discusses the state of the housing market. ”
6.U.S. home prices rose by 8.8 percent year over year in May
“Home prices nationwide, including distressed sales, increased 8.8 percent in May compared to a year earlier, the 27th straight month of consecutive year-over-year increases in home prices nationally, according to a new report Tuesday from financial information company CoreLogic Inc. (NYSE: CLGX) of Irvine.”
7.US home prices rose more slowly in May
“U.S. home prices rose in May compared with a year earlier, but the gains have slowed.”