Apr 27th 2011 11:00AM
The recession has forced many Americans to make some hard choices, but none as stark as this: food or shelter. One in every four families that rent their homes could have to choose between paying rent, buying groceries or staying current on bills, according to a report released Tuesday. Yepoka Yeebo at Huffington Post... Continue Reading »
Aug 18th 2010 4:30PM
How do you like these odds? A new report from Moody's Economy.com predicts a one-in-four chance of the national housing market lapsing into a double-dip recession. The author of the report, economist Andrew Gledhill, identifies 22 cities that are most likely to take another nosedive. While the cities are spread across the... Continue Reading »
Jul 28th 2010 11:09AM
An uptick in sales of high-end mountain real estate in Colorado has prompted a critical question: Are the rich really returning to the real estate market and buying luxury homes? Or are they still hoarding their wealth after getting burned in the crash? Mixed signals about what the wealthy are doing with their money are... Continue Reading »
Jun 23rd 2010 12:57PM
Could a double dip in the housing market be on the way? That's what influential banking analyst Meredith Whitney told CNBC's Squawk Box yesterday. And while the news is not all gloom and doom, Whitney -- one of Wall Street's best-known bears -- sees what she calls some "scary" behaviors by consumers that will continue to... Continue Reading »
Jun 17th 2010 9:30AM
An apple a day keeps the doctor away, while a low mortgage rate ... keeps recession at bay? That's the thinking at Morgan Stanley, where economists have published research arguing, among others things, that rock-bottom mortgage rates are helping the US economy avoid a double-dip recession. In the report, Richard Berner... Continue Reading »
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