The two-year-old U.S. housing recovery is faltering.
invite response
2014 Jun 20, 4:57am 1,796 views 2 comments
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Diva24
2014 Jun 20, 5:45am
How can housing recover when incomes continue to be low?
Recover from what? The artificially inflated prices that ten+ years of stagnant wages could never been able to afford without all the funny math and "generally accepted accounting practices"
The best-qualified homebuyers jumped into the market last year to grab near-record low mortgage rates that averaged about 3.5 percent after delaying their moving plans during the housing slump.
The two-year-old U.S. housing recovery is faltering.
http://mobile.bloomberg.com/news/2014-06-20/housing-falters-as-forecasters-see-u-s-sales-dropping.html
#housing