WASHINGTON (Reuters) – The U.S. unemployment rate fell in July for the first time in 15 months as employers cut far fewer jobs than expected, giving the clearest indication yet that the economy was turning around from a deep recession. U.S. employers shed 247,000 jobs in July, the Labour Department said on Friday, the least…
Tag Archive: home prices
Home prices of the future
Found this Article. thought the information was good. Enjoy!! While some economists believe home prices won’t hit bottom until the second half of 2009 and possibly not until 2011 or 2012, most agree that when they do start to rise the gains will be modest compared to the run-up seen during the last 10 years,…
Record Drop in Home Prices|Distressed Properties|Short Sales
The median price of U.S. resale homes dropped 11.3 percent year-over-year in October — the largest ever drop since the National Association of Realtors began tracking the statistic in 1968. Read More