In the residential real estate market, foreclosure activity continues to be a major drag though it decreased in May relative to April. Last year a record 3.1 million filings were made. RealtyTrac predicts this year  a total of 4 million foreclosures.Businessweek predicts the housing market to recover sometime in 2012. The Commercial  Real Estate (CRE) …

Continue reading ‘Composition of Total Mortgage Amounts Outstanding in the U.S.’ »

The personal savings rate in the USA started to increase since last year when the economy crumbled. Traditionally Americans save less than people in other countries. Europeans, Asians and others are high savers. But in the past how much did Americans save each year? Has the savings rate been always too low? In order to …

Continue reading ‘Are Americans Saving Enough Now?’ »

In recent weeks there have been talk of “green shoots” appearing in the US economy. Ever since the market rebounded from the March lows, investors are looking for any sign that will confirm the theory that the economy is recovering from the worst recession since the great depression. In order to check the current state …

Continue reading ‘Searching for Rays of Light in the US Economy’ »