Market Review ►A LOOK BACK – Last week the $787 billion economic stimulus plan was signed into law and the White House pledged up to an additional $275 billion to help stem the wave of foreclosures. The Labor Dept. reported that the level of inflation at the producer level rose as the slowdown in auto [...]
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Filed under: Economy/Market
The Houston Real Estate Market Opens 2009 With Weakened Performance As The U.S. Recession Drags On Foreclosures weigh January home prices down; rental demand grows HOUSTON – (Feb 17, 2009) – Property sales throughout the greater Houston area stayed in negative territory during the first month of 2009, reflecting the lingering effects the nation’s [...]
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Filed under: Economy/Market, Katy Family Homes
Market Review ►A LOOK BACK – Last week Congress approved a $789 billion bill to revitalize the US economy and it is to be signed into law on Tuesday. Fixed income investors continue to be skeptical of the notion that heavy borrowing to support social spending is the keystone to return the nation into prosperity. [...]
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Filed under: Katy Family Homes
