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MSNBC Blows the Whistle on the Federal Reserve! |
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Advance & Rutgers Report: An Analysis of Economic, Business & Demographic Trends |
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The Outlook for U.S. Home Prices - by Deutsche Bank - Over the last quarter, home prices in most of the U.S. have continued to fall, prompting many to question whether we are at or near bottom yet for home prices. We think not. Foreclosures are still running at a very high pace. The U.S. unemployment rate is now 9.4%, and Deutsche Bank economists see that rate exceeding 10% by early 2010. While home sales activity has picked up in some regions, much of it reflects clearing of distressed inventory and is accompanied by falling prices. |
