Moody’s Economy.com has answered the question of weather we will see a decline in foreclosures. Their comprehensive analysis, while including many aspects of the market was partially focused on the foreclosure outlook. Moody’s Economy.com expects a slow increase in jobs beginning in the spring of this year, but real job growth, that which affects unemployment [...]
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The question of weather the housing market has hit bottom is now being answered by Moody’s Economy.com and the answer is yes and no. In classical economist form, Moody’s gives us a run down on the ups and downs of the national housing market, which is summarized below.
Home sales have hit bottom and are increasing.
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