The economy seems to be doing better than expected, but still is not doing very well. That just about sums it up.
Economists are arguing over whether the increase in home sales seen last month is a sign that the housing market has reached bottom. It's really way too early to tell. We may have hit a little trough and will see some temporary price stabilization, but we could still be on our way down. I remember hearing that we might have another 8-16% downside. The housing market will continue to... read more
