Tuesday, December 04, 2012

Boom baby boom....

Housing better and Walmart handing out bonus' what's not to love. watch the job picture pick up next spring as the consumer comes out of hibernation. Im getting a new business started by March and will be ready for my retirement.

PRAGMATIC CAPITALISM – Corelogic: Home Prices are up 6.3% YoY in October

The housing recovery that started earlier in 2012 continues to gain momentum,” said Mark Fleming, chief economist for CoreLogic. “The recovery is geographically broad-based with almost all markets experiencing some appreciation. Sand and energy states continue to experience the most robust appreciation and some judicial foreclosure states are even recording increasing prices.” “We are seeing an ongoing strengthening of the residential housing market,” said Anand Nallathambi, president and CEO of CoreLogic. “Reduced inventories and improving buyer demand are contributing to stability and growth in home prices which is essential to the long term health of the housing market and the broader economy.”

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