Wednesday, March 28, 2007

Housing Big Part of Nation's Economic Wellness featured an article yesterday about Americans being spooked about the economy. The housing market, as usual, is a cornerstone of the nation's financial health. Lots of economists are watching the housing market closely this spring to see how foreclosures and regular listings are priced as they come on the market:
A lot depends on how well the housing market holds up for the coming spring selling season, usually the busiest months for home sales. A flood of new listings — on top of foreclosed homes now being prices aggressively for quick sale — could further depress the market.
Read the article here.

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