Posts with tag economic recovery

Home Sales Rising: Is That Good or Bad?

Home sales are up, but economists are far from pleased. Despite a 10 percent rise in existing home sales in September, many housing analysts believe the housing market is once again deteriorating. A rise in new home building usually helps lead the way out of a recession by providing jobs for workers in the construction... Continue Reading »

Mortgage Market 'Absolutely Broken,' Says Volcker

Just when you thought the housing market was out of the woods, a trusted financial sage delivered a scorched-earth assessment. Former Federal Reserve chairman Paul Volcker abandoned a speech to the Federal Reserve Bank of Chicago at the last minute yesterday to deliver an impromptu rant on the sorry state of the economy.... Continue Reading »

Home Prices Rise for 4th Month in a Row, but Can It Last?

Not many Americans are feeling it yet, but we may be in the midst of a housing recovery. National home prices increased in May by 2.9 percent, as compared to May 2009, according to real estate information firm CoreLogic, making it the fourth straight month they have done so. But don't celebrate just yet; many experts... Continue Reading »

Are Home Prices Headed for a Double Dip?

Just as home prices appear to be stabilizing, we may be falling into what economists call a "double dip." In other words, after climbing back from the near death spiral of the last few years, yet another round of housing pain may be on its way. U.S. housing prices have plummeted a jaw-dropping 32.6 percent from their... Continue Reading »

Initial Unemployment Claims Fall Slightly

The number of initial unemployment claims improved slightly last week, but the job market remains weak. It's one more indicator of a weak economic recovery. The stock market may be at its highest point since fall 2008 -- go figure -- but the number of initial unemployment claims is still too high to lend much support to... Continue Reading »

Next Page >

AOL RealEstate on Facebook