Real estate blog entries tagged with economic news by Robert Ashby Photography

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Home : Blogs : Robert D. Ashby : Florida's #1 Mortgage Planner - Managing Equity and Debt Strategically™ : Tag "economic news"

economic news: Are America's Housing ATMs All Tapped Out? - 04/30/07 02:44 PM

Today saw the release of the US Savings rate, which improved from the last reports. It is still in negative territory at -.8%, but is up from -1.2%.
I know, many of you probably don't follow this number, and some may not even know what it means. Basically, its interpretation is that Americans continue to spend more money than they make, hence the negative number. It does leave out some information such as house appreciation (or depreciation).
What it means to us in the real estate market, especially those doing mortgages, is that there is still a major need for Americans to … (3 comments)

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Robert D. Ashby

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