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A Shack Isn’t A Veblen Good

A report from the Concord Monitor in New Hampshire. "When it comes to real estate, Rick and Jenn Kelly benefit from their entrepreneurial spirit, hard-work ethic and ability to spot diamonds in the rough – plus their capacity to seize…

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This Really Feels Like A Historic Moment

It's Friday desk clearing time for this blogger. "Credit tightening is becoming more evident according to the Mortgage Bankers Association. Joel Kan, MBA's Associate Vice President of Economic and Industry Forecasting explained. 'Mortgage credit supply dropped again in June, as…

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