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Walker Recall Effort Struggles To Gain Momentum
Controversial Book On Obama Appears To Have Lifted Key Quote
Housing slump
Opinion: Housing Crisis? Look to Canada for Answers
By not in system - AOL News(Sept. 3) -- President Barack Obama has tried to prop up the housing market by helping people stay in their homes, even though they're still overwhelmed with mortgage debt. This is the latest in a long series of government interventions intended to promote homeownership. But propping up the housing market has only prolonged the housing slump -- a depressing fact brought home by the recent dismal home-sales reports. So what to do? Perhaps Obama could learn a lesson from our neighbors to the north. Canada, after all, didn't have a housing bubble. What explains the difference? For decades, ...
Home Sales Drop 27 Percent in July, Slowing Recovery
By Tom Diemer - Politics DailyAnother setback for the "Recovery Summer." Sales of previously owned houses dropped by 27.2 percent in July compared to June, taking the market for single-family homes to its lowest level in 15 years. Sales of single-family abodes -- the bulk of the market -- were at their lowest level since 1995, according to the National Association of Realtors, which conducts the monthly survey. Allowing for seasonal adjustments, sales of townhomes, condominiums, co-ops and single-family units amounted to 3.83 million last month, the worst showing since 1999. "We obviously saw the numbers," White House ...
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