This Is How People Can Actually Afford to Live in Miami
Human beings were not meant to live in Florida. This fact becomes more true the farther south you get in…
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Human beings were not meant to live in Florida. This fact becomes more true the farther south you get in…
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Seattle has always been a boom-and-bust town. This is a city where the first population surge came during the Gold…
The Bay Area of Northern California is well on its way to becoming a bewitching hellhole in which it’s actually…
Existing Home Sales Decline, NAR Calls Report "Disturbing"; First Time Buyers Decline Third Year; Housing Clearly Weakening Existing home sales came in a bit under Bloomberg Econoday Consensus , down 3.4% in October. Year-over-year trends are weakening. Sales of existing homes are not a source of strength for the economy, down 3.4 percent in October to a slightly lower-than-expected annualized rate of 5.36 million.
Link: Housing Rebound Didn’t Lift Economy as Much as Economists Expected: Why?; Six Questions for Zandi
View article: Housing Starts Plunge 11% to 7-Month Low: Single-Family Down 2.4%, Multi-Family Down 25%; Hidden Strength?