Consumer spending, the main driver of the economy over the past years, is in decline.
Did you know that changes in net worth generally dwarf consumption related changes?
Did you know that, compared with a national homeownership rate of approximately 68 percent, 92 percent of REALTORS® own their home?
It is not clear whether the retail sales figures mark a cessation in the downward trend of consumer spending, or are only a temporary development.
Lawrence Yun examines homebuilder sentiment and zero down payment loan options.
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