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Featured Advisor

Ed Meek
CEO/Investment Advisor

Edge Portfolio Management


State: IL

At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, playing and following basketball, playing golf, and participating as an advisory board member for Breakthrough Urban Ministries.

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Real Estate Market Trends Show Improving Home Prices

Home prices are up for the fourth consecutive month, but experts remain pessimistic about overall real estate market.

 U.S. home prices rose for the fourth consecutive month across the nation’s major metropolitan areas, according to data released today by Standard and Poor’s/Case-Shiller.

 Prices rose 0.9 percent from June to June in 17 cities, while home values fell in Las Vegas and Phoenix and remained unchanged in Denver, according to the most recent Case-Shiller Home Price Index. Year-over-year Detroit and Washington, D.C., were the two areas posting gains, up 1.2 percent and 0.3 percent respectively. The remaining 18 areas posted year-over-year declines. Minneapolis experienced the greatest loss with an annual decline of 9.1 percent in home prices.

 Though home prices have improved over the peak season, experts remain cautious about the overall state of the housing market and say that combined statistics indicate the market is still bottoming. “Continued increases in home prices through the end of the year and better annual results must materialize before we can confirm a housing market recovery,” said David M. Blitzer, chairman of the Index Committee and Standard and Poor’s Indices.