DSNews BY: Scott Morgan February 15, 2016 Not everyone thinks the economy is as bad off as doomsayers have been saying lately. In fact, William Dudley, president and CEO of the Federal Reserve Bank of New York, says the expansion we’ve experienced for the past seven years has put American homeowners in a much better […]
Category: Federal Reserve
Why so Few Houses for Sale? Lots of Reasons.
DSNews BY: HOWARD GOLDTHWAITE, December 9, 2013 Inventories of homes for sale have been slow to bounce back since the 2007–09 recession, despite steady price appreciation since January 2012.Normally, higher prices reflect robust sales. But lately, prices have been rising even though sales remain stuck at relatively low levels. […]