Housing’s Long and Winding Road to Recovery

While home prices were falling last fall nearly nationwide, the pace of sales has picked up more recently. Overall, it seems clear that the worst of the housing debacle has passed. It’s just that the U.S. remains on a slow, gri…

U.S. Mortgage Rates Reach a Seven-Month High

U.S. mortgage rates have grown for five straight weeks, in the last week hitting their highest levels in seven months. Ten-year Treasury note yields have been climbing on inflation concerns, driving the higher rates.
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The Housing Mess Hits One New York Town Hard

In some parts of the U.S., the real estate market remains deep in recession. But even with housing prices sitting at multi-year lows, millions of houses remain empty, unable to attract buyers haunted by unemployment and a weak …

Gary Shilling: Home Prices Could Fall 20% More

For a while, it seemed the housing crisis had been averted. Now, Gary Shilling, president of economic consulting firm A. Gary Shilling & Co., says that things are likely to get worse. He predicts that housing prices could fall another 20%.

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Gary Shilling: Home Prices Could Fall 20% More originally appeared on DailyFinance on Fri, 05 Nov 2010 08:33:00.

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