Saturday, July 30, 2011

DailyMarkets.com - The “Homeownership Bubble” Is Still Deflating

DailyMarkets.com - The “Homeownership Bubble” Is Still Deflating

The “Homeownership Bubble” Is Still Deflating

Posted: 30 Jul 2011 06:03 AM PDT

The Census Bureau reported yesterday that the homeownership rate in the U.S. fell to 65.9% in the second quarter of 2011 (see chart).  That's the lowest homeownership rate in slightly more than 13 years, since the 66.4% rate in QIV of 1997.  Compared to the all-time peak of 69.2% in 2004, America's homeownership rate has now fallen by more than three percentage points.

The chart above also displays inflation-adjusted house prices, using the Federal Housing Finance Agency house … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Sprint And Lightsquared Enter Partnership

Posted: 30 Jul 2011 06:00 AM PDT

07/30/11 Sprint Nextel joined forces with LightSquared in an effort to remain competitive with AT&T and Verizon. Meanwhile, Nintendo will slash the price of its 3DS game … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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