|
|
|
Home >> News >> News Details
|
|
|
|
|
 Blame It On Bernanke
12-06-2006
Normally, housing economists don't second-guess the Fed, but with interest rates rising and home sales slowing, some are starting to worry that housing could really tank if short-term interest rates are raised again.
In mid-May, the National Association of Home Builders chief economist David Sieders wrote, "We continue to believe that the evolving housing slowdown will be a moderate adjustment process, in the context of the economic and financial market environment we're projecting for 2006-2007. However, the adjustment could turn out to be pretty rough in some previously overheated markets."
|
|
|
|
|
Top Articles |
|
|
Article Archive |
|
|
Article Of The Day |
|
|
|
|
|
|
|
|
