Is the housing market headed toward a ‘double-dip’?

 

 

Dennis Norman St Louis

Dennis Norman

Just as we are talking more about home prices “stabilizing” there is yet another cause for concern as to just where the market is headed. Last week Celia Chen, senior director of the Moody’s Economy.com research staff, issued a report stating that the odds of a near-term “double-dip recession” have increased from about one in five to closer to in in four. Continue reading “Is the housing market headed toward a ‘double-dip’?