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“Home prices are declining a little bit,” Shiller says. “It's a worry that the support we've seen [via the tax credit] is not continuing and we're going to resume the downtrend.” In his estimation, we are stuck in a liquidity … Continue reading →

“The corporate insiders running our country’s publicly traded companies have been heavily selling their stock, which some market pros say speaks volumes about the veracity of the current rally. The market has moved sharply higher since August 27, when Fed … Continue reading →

FDIC Chairman Sheila Bair delivers a keynote address on the issue of foreclosures and the future of housing finance at a joint Federal Reserve/FDIC conference in Arlington, Va: This moring the Case Shiller Index for August confirmed that Home Prices … Continue reading →