Are We Heading Into A Double Dip Recession?

stevepoirierrealty
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http://www.stevepoirierrealty.com There is talk out there about the economy and a possibility of heading into another recession. Housing prices across the United States have fallen 2% since last December. The unemployment rate is remaining steady, we're not seeing job growth or job losses. Keep in mind that there is an oversupply of homes right now and a shadow inventory of foreclosures that have not yet hit the market. Getting out of this economic mess will depend heavily on job growth and on how the Obama Administration handles the foreclosure problem.

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