December 23, 2010
Tweet With luxury on the rebound, companies once again are obsessed with the mythical “luxury consumer.” This dream spender is, we are told, wealthy, young, beautiful and prone to buying $4,500 bicycles for their dogs. As for the global financial crisis…well, what financial crisis? But a new report from BCG Research digs deeper to divide [...]
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December 21, 2010
Tweet Rising interest rates spurred first-time homebuyer activity in November, according to the Campbell/Inside Mortgage Finance monthly survey released Monday. The share of first-time homebuyer purchases jumped to 37.2% from 34.4% in October, as near record low rates drifted higher over the course of the month. “The recent surge in interest rates has made potential [...]
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