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CNN on 3 reasons housing "recovery" may not last


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2013 Apr 18, 1:32am   598 views  1 comment

by tovarichpeter   ➕follow (6)   💰tip   ignore  

http://finance.yahoo.com/news/3-reasons-housing-market-recovery-101300325.html

The housing market has made a big comeback over the past year; home prices have surged some 8% and homebuyers can't seem to buy up properties fast enough. But just as quickly as the market is gaining ground, some industry experts worry it will come crashing back to Earth. Here are three reasons the housing market recovery may not last: 1. The housing recovery is being led by investors. One problem is that investors are leading the latest surge in home prices, said Dean Baker, co-director of the Center for Economic and Policy Research. They are taking advantage of low...

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1   Bubbabeefcake   2013 Apr 18, 2:37am  

reason #4: The Economic Peak Is In

Confirming data showing that whatever rebound was to be had, economically speaking, from the recessionary lows has most likely been seen.

http://www.streettalklive.com/daily-x-change/1667-more-evidence-that-the-economic-peak-is-in.html

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