Cities in America are finally starting to return to health.
Read more: http://tinyurl.com/plhdgwg
Tag Archives: recession
Many feel like recession still hasn’t ended
The U.S. economy is finally accelerating six years after the start of the Great Recession. Housing and stock prices are rising, the unemployment rate keeps falling, and the government’s budget deficit is shrinking.
Read more: http://tinyurl.com/n752f6q
BofA: 2014 Is When The US Economy Comes ‘Out Of Rehab’
Note: Ethan Harris and the Merrill Lynch team has done an excellent job of forecasting the U.S. economy. Here is their outlook for 2014, from Ethan Harris at Merrill Lynch: Out of rehab. A few excerpts:
Read more: http://tinyurl.com/oqx76j2
Delaware at risk of recession, Moody’s says
Delaware is the only state in the country still at risk of falling into an economic recession, according to a report Wednesday from the economic forecasting firm Moody’s Analytics that quickly came under fire from Gov. Jack Markell’s administration.
Read more: http://tinyurl.com/of9hhrb
The 5% recovery: Why most are still in recession
How strong the economic recovery has been since the Great Recession ended in 2009 probably depends on viewpoint.
Read more: http://tinyurl.com/p66sevq
Household Incomes: The Sad Truth About The US Economic Recovery Four Years Later
In June of this year, we marked the fourth anniversary of the official end of the Great Recession as determined by the National Bureau of Economic Research (NBER). I’ve intentionally selected the word “marked” over the more optimistic celebrated” after reading the stunning report just released by Sentier Research: Household Income On the Fourth Anniversary of the Economic Recovery: June 2009 to June 2013. The press release in PDF format is available here at the Sentier Research website. The full report, 27 pages of richly detailed data on median household incomes, is available for a modest fee here, and I highly recommended a close study of the full report for anyone with a keen interest in the demographics of the U.S. economy.
Read more: http://tinyurl.com/m25zbsz
Housing recovery radar: Where are the next hot spots?
The housing recovery is starting to heat up—so much so in some areas, the “b” word—bubble—is starting to pop up.
Read more: http://www.cnbc.com/id/100961977
American Home Prices Are Still Way Off Of Their Highs
For all the promising data we’ve seen about the so-called “housing recovery,” it’s important to realize it is just that — a recovery.
Though some are calling the spike a housing bubble 2.0, home prices are still way off their 2006 highs (which is good, since that was a bubble of epic proportion).
Read more: http://tinyurl.com/ol8b259
Mid-recession Mini Real Estate Boost In Municipal Foothills And Okotoks
The Municipal Foothills District in Canada is enjoying a mid-recession mini real estate boom after the small city of Okotoks has made the headlines once again. Moneysense Magazine completed its annual review of the best places to live in Canada for 2013. Okotoks was ranked 36th of the 200 examined Canadian communities and also reached 18th position out of 139 small cities, putting it in the top 20% for both categories. Moneysense Magazine examined many factors in its annual review including average price of a home, average household income, crime index and doctors per thousand people.
Read more: http://tinyurl.com/d5wzog3
The Real Estate Recovery, in Your Neighborhood
All real estate is local, but never has that been more true than during this historic housing recovery.
After an epic bubble that drove home sales, construction and prices to levels beyond the imagination, housing came crashing down, and home prices fell nationally for the first time in recorded history.
Read more: http://www.cnbc.com/id/100470576