Sat, Nov 29, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Market Moves, Residential property Watch more

How strong is housing recovery? Depends on where you are

Posted on 03 December 2012

Six years since the start of the greatest housing collapse since the Great Depression, one doesn’t have to look very far to see signs of a recovery. Nationally, home prices are rising after more than a 30 percent drop since mid-2006.
Rather than being a drag on the U.S. economy, housing is now seen as a contributor to growth. Despite the national numbers, prices aren’t rising everywhere. The still-shaky economy fuels other concerns, particularly threats of recession due to the looming “fiscal cliff.” “It’s almost a ZIP code-by-ZIP code recovery,” said Stan Humphries, Zillow chief economist………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930