Inequality Marks Recovery; The Demand Institute, a non-advocacy, non-profit think tank jointly operated by the Conference Board and Nielsen, released Wednesday a new report entitled:
'A Tale of 2000 Cities: how the sharp contrast between successful and struggling communities.' 50% of communities studied are struggling to move forward, according to the report. 'Now, with prices firmer and the number of distressed or foreclosed properties down, the market is stabilizing. More homeowners are looking to sell than previously, so inventories will rise; that and the expected rise in mortgage rates and only tepid median household income gains will moderate future house price rises.' Learn more.
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