Middle class Americans hear different stories from Republicans and Democrats about why employment is not growing faster and what it will take to revive it. The solution is government spending on public works and infrastructure.
Prices are rising in at-risk metros because prices have fallen so far that they've attracted interest from prospective investors and international homebuyers, whose interest in U.S. homes can be volatile; in contrast, prices are rising in the in-the-clear metros primarily due to job growth.
Each month we publish the earliest leading indicators of how asking prices and rents are trending nationally and locally, adjusted for the mix of listed homes and seasonal factors. Here's the scoop on how prices and rents did in May.
The undercurrent of disgruntlement running through residential real estate these days is decidedly different. Like the flowers that bloomed early, a number of sellers are trying to burst out of the basement and make their way above ground.