The headline for this morning is that new home sales are down more than 14 percent on a month-to-month basis. This comes in tandem with drops in mortgage applications and a much smaller drop, of less than 1 percent, in existing home sales. 539 more words
Tags » Housing Bubble
The housing market price is nearing its 2008 high price this year. Many young couples love the feeling of owning a house beyond their means. A modular house can be a solution although in Silicon Valley space rent ranges from $600 to $1200 per month. 195 more words
A Zoologist For A Financial Shitstorm And A Wall Street Banker As Our Prime Minister. No Wonder We're Tanking.
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“Our big problem would be … if Europe goes, China could slow down, Australia would be very badly affected by the China slowdown and that’s the nightmare scenario for us – a slowdown in China, our second-largest market, a slowdown in Australia, our largest market, a weak United States and we’re in a diabolical position.” …
ST. LOUIS (KMOX) – As the long recovery from the housing bubble burst continues, the number of underwater homeowners continues to drop.
But in St. Louis, it’s not dropping as fast as in other parts of the country. 274 more words