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Rising stock mkt a major source of US recovery: Greenspan
18 hours ago ago from UNENF
Former Chairman of the US Federal Reserve, Alan Greenspan says that a major source of recovery for the US economy is a remarkable increase in the amount of stock market wealth that has occurred in the last six to nine months.
Related contentWhen Will the California Housing Market Hit Bottom?
22 hours ago ago from Westchester & Bronx NY investment property real estate blog
Many people are in search of a definitive answer about when the California housing market will hit bottom. Are you biding your time before you buy a new home? Sitting around eagerly anticipating another drop in housing prices? Well, while you are sitting around waiting, somebody else is likely scooping up that lovely beach house in the San Diego suburbs you've been eyeing. Analysts are all over the map when they try to predict the bottom ...
Related contentMonday Money Matters – 12.14
6 hours ago ago from Mortgage Matters ~ Rebecca R. Madej
News You Can Use With foreclosure filings falling 8% , industry experts are speculating if this is another sign of the housing market’s recovery . Could be. However, with modifications being few and far between and suspicions of the impending impact of adjusting Option ARM mortgages, there are lingering concerns about a shadow foreclosure market . What is certain is as long as foreclosures are a normal part of our market, home ...
Related contentThe housing market is failing, not recovering
9 hours ago ago from AMERICAN NONSENSE
At the risk of overdoing the Peter Schiff thing today, I thought he summed up the problems of the housing market so succinctly in today's Asia times that I had to post it: [W]hile it is true that home prices have stopped falling, this represents failure, not victory. True success would be a drop in home prices to a level that potential homebuyers could actually afford. Instead, we have maintained artificially high prices with tax ...
Related contentGauging The Bottom of The Housing Slump Before You Buy
22 hours ago ago from Pal Market Journal
While home values seem to be wavering around what might be the bottom of the decline, home owners might want to be a little more patient before jumping into home ownership at this time. Many sources were speculating that the bottom of the housing crash was happening this past spring, when the number of homes on the market in many major areas fell by over 3.5%. However, we all now know that this was in fact a false bottom to the housing crash ...
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