Tag Archives: pending home sales

Pending Home Sales Drop 5.6% in September

Contracts to purchase previously owned U.S. homes fell by the most in more than three years in September, a sign that a softer economy and a rise in mortgage rates are hurting the country’s housing market. The National Association of … Continue reading

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Housing Recovery Is Put On Hold

Ben Bernanke stated on June 7th, 2010 that the United States would not experience a double dip recession. The country was out of recession and consumer spending/business investment was up. Mr. Bernanke would have been correct if the statistics were not … Continue reading

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