Diane Aronovic's (darono) Blog

There was an article in the Vail Daily (that was also excerpted in the Crested Butte News) talking about ATT possibly erecting a cell tower in the Maroon Bells Wilderness area. For those unfamiliar, the West Maroon Trail goes from Schofield Park on the Crested Butte side, to Maroon Lake on the As...

I found it strange today when I read another article about bidding wars for high end real estate in cities. I had read an article about this 2 weeks ago concerning San Francisco homes, this one is about NY city properties. Along with the blog I wrote about a Picasso setting a record sale about a ...

As I have been noting for the past few months, real estate looks like a great investment currently. Interest rates are low, making it less interesting to invest in bonds than to borrow at these rates (i.e. mortgages). The stock market has undergone a terrific appreciation from the lows, but the e...

I found the news this morning that a Picasso set an auction record last night a very interesting fact in this economy. With the unending doom and gloom surrounding not only the US economy, but the world's economy, the news that an intense bidding war propelled a 5 x 4 foot painting to sell for ov...

I've been thinking a lot about the currency markets these days. With Greece attempting to wreak havoc on the Euro, and bring down the entire EU, and the UK potentially giving Gordon Brown the boot, what is a savvy investor to do? My viewpoint is to take advantage of the turmoil and invest in the ...

With the economy just coming out of a deep and scary recession, now is a great time to look ahead and anticipate the next phase. The government has obviously been spending a great deal of money in order to thwart a deeper recession by borrowing, i.e. printing money. When the government does this,...

The Obama administration has put $75 billion towards helping homeowners avoid foreclosures through its loan modification program. Unfortunately, it doesn't seem to be working as well as it may have sounded on paper. The program tries to encourage lenders to modify existing mortgages by paying the...

Friday, 04 December 2009 07:37 December 4, 2009 - Economic Blog Today we have some surprisingly good numbers on the economy. The unemployment rate fell from 10.2% to 10%. Most economists were looking for it to stay at 10.2%, and even the White House came out with an uncharacteristic comment yest...

The great news this morning is that home resales rose in September to the highest level in more than two years, beating expectations, as buyers scrambled to complete their purchases before a tax credit for first-time owners expires. The National Association of Realtors said Friday that sales rose...

Charts are a terrific tool for visualizing trends, long term or short. I am looking at these 3 charts as a tool in showing how real estate may currently be a great investment, especially in comparison to stocks and bonds. The top chart shows a general REIT index in its 2 year cycle (note: it's n...