| From Msnbc: After welcome signs of growth in housing earlier this year, home sales — and prices — are likely to wilt again in the summer heat, a victim of rising foreclosures and weak demand in many parts of the U.S.
Like the economic recovery in general, the housing recovery is uneven: Data for the nation as a whole show prices inching higher, but in many parts of the country prices have yet to hit bottom, analysts say. And when prices do recover, the gains will be gradual..............................................Full Article: Source |