Forget Stocks. Millenials want their money in cold, hard cash.

Here's an article from CNN-Money about Millenials— 18-29 year olds are a recession-scarred generation and have a risk aversion to investing money in stocks and real estate. They want it in cash—all cash—. Is that an investment?  It is accessible and usable for immediate needs. Is that enough? Economists hope that this generation will return to stocks and other investments, as they have the largest retirement burden and it does take some sacrifice. Read more….here.

Posted on July 25, 2014 at 10:50 pm
Leigh Harvey | Category: General Info, Investment Property, Market Activity, Mortgage information, Real Estate Properties, Tax information | Tagged , , , , , , , , , , , , ,

Keeping Folks in their Homes

Here is a great article in the Seattle Times Real Estate Section on March 26th 2012…talking about the new campaign that Bank of America is proposing to allow people to stay in their homes and rent. They are beta testing it in three states, Arizona, New York and Nevada. If the reaction is positive, it will be expanded to other states.

No program is an end all or is a be all, but any attempt to aid distressed homeowners in this very difficult time, is at least some good news.

Check it out. Keeping Folks in Their Home

Posted on March 26, 2012 at 11:19 pm
Leigh Harvey | Category: Uncategorized | Tagged , , , , , , , , , , , ,