The GDP — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 4.1% in the third quarter of 2013, according to the Bureau of Economic Analysis.
People are listening to real estate economists today in a way that anyone who covered the industry a decade or more ago would not recognize. Smoke is one of the members of this new wave of real estate economists. In fact, Smoke is actually the newest one on the block. The upstart economists at places like Trulia and Zillow are still new, Smoke is just the latest player to join the game..