Economist Reports the Housing Market Double Dip is Beginning

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Toronto-based Capital Economics, an independent macroeconomic research firm, said Tuesday that a double dip in the United States housing market is now materializing. Furthermore, the report finds.

Obama’s biggest parting gift to Trump may be the economy – But Carter left office in the middle of a double-dip recession. For Americans, economic well-being has traditionally included homeownership, a dream that was shattered for many with the collapse of.

A panel of economic and housing experts sees a dip in house prices on the horizon.. downturn," Zillow senior economist Aaron Terrazas said in the report.. on the housing market, with real.

Ally Financial denies foreclosure moratorium HUD reports similar findings at other major mortgage servicers, including Wells Fargo, JPMorgan Chase, Citigroup and Ally Financial (formerly GMAC. resulting in a nationwide moratorium on all.

The U.S. housing market has reached another ignominious milestone. Sinking in a flood of supply and short on job growth to fuel demand, figures Tuesday showed prices have double-dipped, sliding.

A phenomenon known as anchoring makes it hard to let go of the negative events that precipitate or accompany a bear market. Persistent worries about a double-dip recession or another. blamed on a.

Economist: Housing Market Nears Double Dip | Newsmax.com – The news follows a report Tuesday that sales of existing homes fell for a third straight month in February, to the lowest level since July. The results "provide yet more evidence that the housing market is heading for a double-dip in both activity and prices, if it isn’t there already," wrote Paul Dales, U.S. economist with Capital Economics.