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...expand the program to include a $6,500 credit for non-first-time home buyers will likely help lure home shoppers into the market. Also, the slide in prices is making homes more affordable. Notes Burns: "If you go to Phoenix, it's $800 a month to buy a brand-new house," making it more affordable than renting...
There have already been mixed signs of stabilization in price and demand. Home prices rose month over month for six consecutive months through October, according to Standard & Poor's Case-Shiller Home Price Composite 10 Index, although prices are still down year over year. However, the most recent figures from NAR indicate that pending sales of existing homes fell 16% in November. Such mixed signals, analysts say, will be the housing market's message for some months to come...
...million a year by 1990. It blew past that target in 1989, earning $350 million - more than had been spent annually on all antidepressants put together just two years previously. By 1990, Prozac was the country's most prescribed antidepressant, with 650,000 scrips written or renewed each month. Annual sales soon topped $1 billion...
...incident at Westergaard's home came two months after another young Danish-Somali man detonated a suicide bomb at a graduation ceremony in Mogadishu, killing 24 people, including four ministers. According to news reports, the man had spent 20 years in Denmark before returning to Somalia - and may also have been involved with al-Shabab. (The group has denied responsibility for the attack.) But Somalia's Environment Minister, Buri Hamza, told Danish television last month that he believed the man was first drawn to extremists in Denmark. "We're afraid that this Danish-Somali has been brainwashed right here...
...given the increased scrutiny of airport security measures after the attempted bombing of the flight over Detroit last month, could more of us become guinea pigs for airport security staff? "If your security regime is entirely transparent, then you're almost inviting people to try and get around it," says Ripley. "Unpredictability can be a useful tool, but in this case, I think enthusiasm got in the way of professionalism...