Data through April 2014 showed a decline in the national default rate from March, according to S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices. The indices are a comprehensive measure of changes in consumer credit defaults, released monthly. The national composite default rate recorded its lowest post-recession figure of 1.11 […]
Category: Recession
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. […]
