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Will First Time Borrowers Save the Housing Market?

May 6th, 2008

Economist say we are seeing some action with first time home buyers. For the economy to rebound it has to start with the housing market, so can first time buyers boost the market or are there too few options available for this to happen? Also with lower housing prices, what do you need to do as a seller to make sure your house sells in this first time buyer’s market?

For more on this read:
U.S. housing slump may require tax credit to encourage buyers
Part one: Shoppers can get more house for their money across price ranges
First-time home buyers have few options

Trading Down: Good News for Walmart

April 10th, 2008

As the US economy slows, consumers are trading down. More and more consumers are “hunting for deals” as the prices of everyday items continue to rise. Many are leaving upscale distributors and heading to Walmart in hopes of lower prices, not to save up for a luxury item, but to be able to get by from paycheck to paycheck.

For more on this read:

U.S. Economy: Trade Gap Unexpectedly Grew on Imports
U.S. consumer borrowing slows
U.S. Economy Cools As Consumers Pull Back