Home prices are falling in 6 major US cities and still rising in 14. Here’s how the major markets are faring as buyers adjust to the end of the boom.
Metropolitan hubs in California, Florida, Oregon, and Washington are the first to show the housing market caving and home prices on the decline.
Americans are running out of money and big companies like Target and Walmart are noticing. It makes a recession more likely.
Americans have burned through a third of their savings cushion. That’s a dire sign for the US economy.
Categories: Economics/Class Relations