Tag Archives: economic recovery

Tight inventories, tight lending standards & crummy wages limit the U.S. housing recovery

The housing market is making a come back from a horrible bust, but it’s far from back to “normal.”  Absentee buyers (mostly investors) purchased 27% of the homes sold here in the San Francisco Bay Area in January, a post-2000 … Continue reading

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The Tale of Two Economies, Retold

An economic recovery is in progress.  Gross domestic product — the output of goods and services produced by labor and property located in the United States —  has increased steadily beginning in the 3rd quarter of 2009.  The economy has … Continue reading

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