The National Association of Active Investment Managers, Inc. ( “NAAIM” ), at their annual conference, elected Will Hepburn to their Board of Directors. NAAIM is a professional organization of Registered Investment Advisors, mutual fund companies, and hedge fund managers who use active management of client’s assets in their practices. Formed in 1989, NAAIM includes more than 200 member firms nationwide, managing an estimated $14 billion. This
Home Sales: Not The Logical World of Supply and Demand Generally speaking, the law of supply and demand dictates that when the supply of a certain item goes up, the price will come down. But not so with houses, it seems. The National Association of Realtors reports many months of rising inventories of home listings, yet prices in most areas are not yet backing off.