News Alerts, Aug. 26, 2013, Afternoon Edition, 3 New Articles, Real Estate +, Don't Miss Them

Linking doesn't constitute endorsement. Enjoy (share on social networks if you appreciate PropertyPak's efforts):

  1. Brazil launches $60 billion currency program – Aug. 23, 2013

    Hot-money flows in and out wreak havoc on some economies.

    The bid to stem the real's decline is likely to give policymakers in Brazil a nasty case of whiplash.

    Not long ago, some Brazilian politicians were accusing wealthier countries of waging a currency war as low interest rates sent investors to emerging markets in search of higher returns, pushing their currencies up and making life more difficult for exporters.

    But those concerns have been replaced by worries about a flight of capital. Brazil's economy has cooled off from a torrid pace in the past few years as domestic consumption has not made up for the decline in demand for natural resources.

    Read the source article … http://money.cnn.com/2013/08/23/news/eco nomy/brazil-real/index.html


  2. Testosterone Pit – Home – Abenomics Utter Fail: Japan's Crazy Exploding Trade Deficit

    There wasn't a scintilla of good news on the import side of the ledger. It's a tabulation of the deindustrialization of Japan. It has been going on for years, but slowly. The earthquake in 2011 pushed Japan Inc., and now Abenomics incentivizes Japan Inc., to move production overseas – and then import the products.

    No one can guarantee that Mr. Abe will handle the entire process correctly. If it comes, his failure will not necessarily disprove the effectiveness of quantitative easing, per se.

    Read the source article … http://www.testosteronepit.com/home/2013  /8/19/abenomics-utter-fail-japans-crazy -exploding-trade-deficit.html

    For more major pessimism that does make some points worthy of consideration, see also:

    When "QE Infinity" Turns Into A Pipedream: Hot Money Evaporates, Rout Follows – See Emerging Markets: http://www.testosteronepit.com/home/2013  /8/20/when-qe-infinity-turns-into-a-pip edream-hot-money-evaporates.html

    A Very Profitable Part Of Banking Goes Totally To Heck: http://www.testosteronepit.com/home/2013  /8/22/a-very-profitable-part-of-banking -goes-totally-to-heck.html


  3. Chicago housing market experiences drastic turnaround | 2013-08-21 | HousingWire Chicago housing market experiences drastic turnaround | 2013-08-21 | HousingWire

    IAR President Michael Oldenettel. "Buyers are clearly comfortable enough with the way the economy is progressing to make a big purchase, and sellers are getting off the sidelines as they see prices begin to erase losses sustained during the recession."

    Chicago-based Realtor Matt Laricy….

    "Now that they're [interest rates] starting to rise up, people who were sitting on the fence are jumping in," he added.

    Those comments run exactly contrary to most of the other reports we've read. People had been suggesting that it might happen, that people might jump in if rates rise, but loan applications fell after the rates started rising. Is there something different happening in Chicago, or is this sales psychology they're working? See: http://www.inman.com/wire/redfin-red-hot -housing-market-slows-in-july-but-still- sizzling/

    Read the source article … http://www.housingwire.com/articles/2634 5-chicago-housing-market-experiences-dra stic-turnaround


If you are an investor in 1-4 unit properties in Arizona, California, Nevada, Oregon, Utah, or Washington, please do the financially responsible thing and make sure you have proper Landlord Insurance with PropertyPak™. We love focusing on real estate and the economy in general, but we are also here to serve your insurance needs.

Hill & Usher (PropertyPak™ is a division) has many insurance offerings. See our menu above for more info and links.

Did this post help you? Let us know by leaving your comment below.

Note: This blog does not provide legal, financial, or accounting advice. Seek professional counsel.

Furthermore, we, as insurance producers, are prohibited by law from disparaging the insurance industry, carriers, other producers, etc. With that in mind, we provide links without staking out positions that violate the law. We provide them solely from a public-policy standpoint wherein we encourage our industry to be sure our profits, etc., are fair and balanced.

We do not necessarily fact checked the contents of every linked article or page, etc.

If we were to conclude any part or parts of our industry are in violation of fundamental fairness and the legal standards of a state or states, we'd address the issue through proper, legal channels. We trust you understand.

The laws that tie our tongues, so to speak, are designed to keep the public from losing confidence in the industry and the regulatory system overseeing it. Insurance commissioners around the country work very hard to analyze rates and to not allow the industry to be damaged by bad rate-settings and changes in coverages. The proper way for people in the industry to deal with such matters is by adhering to the laws, rules, and regulations of the applicable states and within industry associations where such matters may be discussed in private without giving the industry unnecessary black eyes. Ethics is very high on the list in the insurance industry, and we don't want to lose the people's trust. That said, the industry is not perfect; but what industry is?

For our part, we believe in strong regulations and strong regulators.

We welcome your comments and ask you to keep in mind that we cannot and will not reply in any way or ways where any insurance commissioner could rightly say we've violated the law of the given state.

We are allowed to share rating-bureau data/reports and industry-consultant opinions but make clear here that those opinions are theirs and do not necessarily reflect our position.

Subscribe