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(ECONOMY) Millennials and Gen Z were quick to be blamed for the labor shortage, citing lazy work ethic- the cause could actually be Boomers retirement.
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(BUSINESS NEWS) Ben Carson’s initial appointment to HUD was controversial given his lack of experience in housing, but what is the pulse now?
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Job openings hit 14-year high, signaling economic improvement
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Justin Boland
February 11, 2010 at 2:29 pm
Even looking outside the housing market, the overall “fundamentals” paint a picture too grim for anything but another ugly year for Real Estate. The Big Hanging Question Mark for me is: to what extent with the Federal government get it’s act together and start seriously addressing the problem? I don’t think 2009 was sufficiently ugly to get the Obama Admin to re-think the core tenet of their strategy, which is keeping home prices artificially high. 2010 might be another long year of homeowners in limbo.
Ruthmarie Hicks
February 12, 2010 at 1:54 am
All markets are local. I think some markets will bottom out – but I’m not thinking mine will. It has another leg down to go. Then it will be a long slow slog to go back up. I wish some of my sellers fully appreciated that fact. Many have be spurning good offers on the table because they could have gotten more a couple of years ago.