Word: recoverers
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Except for low home prices and very low mortgage rates, all of the elements for a recover in housing are missing. Those two things should be enough, but balanced against them are shrinking access to credit, an inability of Americans to get higher wages, and crippling unemployment. (See pictures of...
Home prices will not get better until the elements that made housing prices perform so well for almost ten years return. Those elements may not come back with the force that they had in 2003, 2004, and 2005, but they must make a modest recovery for housing to recover. People...
The president's bellicose language underscores the uphill battle the nation has to fight to recover from being the epicenter of swine flu. Following the biggest shutdown in its recent history, the country will gradually get its cogs rolling again Wednesday. But the economic impact of the closures and lost...
Hardin tried to recover. It sued the state for supposed mixed messages of encouragement - even though Montana prohibits the incarceration of prisoners convicted out of state. But though Hardin won the case, Two Rivers stayed empty and the $27 million of bonds went into default a year ago.(See one...
The news about China's efforts to recover from the global financial crisis can cause whiplash. A government research center announces that thirty million migrant workers may be unemployed - 50% higher than the previous estimates - but Chinese Premier Wen Jiabao says the economy is doing "better than expected." Exports plummet...