Modest US Growth in 2013, Housing Recovery to Continue: NABE

We.are.being.played | Dec 17, 2012 09:10 AM ET Well - you may be calling for sunny weather - BUT - I don`t buy it (literally). Given the large Sheeple population, that are breeding with the Lemmings, I`m sure a lot of people are swallowing the BS.

EugeneDAlessio | Dec 17, 2012 10:12 AM ET Housing recovery.....wait until they see the real numbers on who`s not paying....people are not paying there underwater mortgages anymore and the banks are sitting on trilllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllons in bad loans that make there books look good until they have to show the losses.....bam.....it`s over......keep printingthe BS...somebody somewhere will believe you

Earth_Scientist | Dec 17, 2012 10:20 AM ET Most of their numbers sound reasonable, except one: the unemployment rate. They have been consistently wrong on the UE rate. Private sector job growth of 2 million per year for the past three years has reduced the UE rate from 10.5 down to 7.7, or almost 1% per year. Since they are forecasting another 2 million jobs in 2013, the UE rate probably drops to 6.7% before the end of 2013. Their estimate of it staying at 7.7% is off by a mile. The other problem is that there`s little upside, but LOTS of downside: possible shocks, and way too much debt.

m1a1mike | Dec 17, 2012 02:14 PM ET Earth_Scientist- Unemployment rate is going down because the feds are rigging the numbers. People keep droping out of the workforce and the feds lower the number of availble jobs. Look at the labor participation rate, lowest in history and will keep going lower...






Start a Conversation - Add Comments

Your Comment: ( Please enter all fields and security code. )

Name:
Email:
Website:
Topic:
Comments:
 
Word Verification:
 

Latest Comments

Home prices: Biggest rise since housing bubble - 1nd3p3nd3nt
March 26, 2013
the system we use is set up to continuously create bubbles. when you understand the housing market, you realize so much of it is sales. never do they admit hou... - by housebuble

Fastest growing boomtowns - Chad Ladwig1
March 29, 2013
− What`s common amoung these towns, low unempoyment rates, good incomes and far better than average economy. 16 1 Reply

HouseMD

Combined with Fannie Mae and Freddie Mac - Archy1 | Dec 26, 2012 02:27 PM ET Comments such as: shut down Fannis and Freddie, Obama as a Free Ride, free money forever, I want my free house. All show one thing. Many have been fooled by the ba... - by jon3345

Homes are INDEED an investment - PSAGuy Mandor
March 11, 2013
Not true....Homes are INDEED an investment. They provide other benefit...such as tax benefits that make them truly investments. Not investments that ... - by IAElaine

Rushing Into a Mortgage Can Be Costly - thinkaboutit | Jan 18, 2013 04:04 PM ET Unless you are going to live in the house for 30 years, I do not see the benefit to paying points.

gruntspeak | Jan 18, 2013 04:46 PM ET The ol... - by Bone822



Modest US Growth in 2013, Housing Recovery to Continue: NABE

Real Estate Agent Directory

Are you looking for a real estate agent in your area? At housing news blog, you can search for your local realtor and real estate service by using our agent search features.

Real Estate Agent Directory

Get listed!

Are you a real estate agent? Get listed for free with us! Complete a real estate agent profile form and get listed in a few days. Click on the link below to get started!

Free agent profile!