A DAILY LOOK AT THE STORIES YOU SHOULD BE READING

Real Estate

- In many areas of the country, housing is finally dropping to an affordable range.  This trend is likely to continue for some time, but prospective buyers should be wary of further price declines.

- The Case-Shiller 20 city index has fallen yet again.  Declines for December were pretty steady across the board, but Phoenix, Las Vegas and San Francisco top the list for largest slide in 2008.

- Even in the epicenter of the capitalist universe, real estate is really starting to feel the pain.

Finance

- Fed Chairman Ben Bernanke sees a possible economic recovery in 2010 if banks can be stabilized

- At least one automaker is looking forward to a rosier future

- Consumer confidence is at an all time low due to continued economic woes.

- American Express is offering some clients a payoff to close their credit accounts.

Ciriosly Funny

- Sounds like the start of a new Bond film, but its true.

This entry was posted on Tuesday, February 24th, 2009 at 9:32 am and is filed under Mortgages. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.