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Washington Beats U.S. Housing Slump as Obama's Budget Hits $3.5 Trillion

Nov. 2 (Bloomberg) -- Demand for new homes is growing faster in the Washington area than in any other major U.S. city as existing inventory shrinks and a record $3.52 trillion federal budget fuels the local economy. Full Article at Bloomberg.com

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  1. Demand for new homes is growing faster in the Washington area than in any other major U.S. city as existing inventory shrinks and a record US$3.52 trillion federal budget fuels the local economy. Full Article at China Post

  2. For nearly two years, home values plummeted to pre-2003 levels. Now, housing markets within the country are showing the first signs of stabilizing. Full Article at Smartmoney.com

  3. WASHINGTON - Increasing participation in 401(k) plans through automatic enrollment may leave some workers with too little savings for retirement, the Government Accountability Office said. Full Article at Cincinnati Enquirer

  4. The Obama administration is rumored to be seriously considering a second stimulus measure to "improve" the economy. Given the job losses since the last stimulus, I'm not sure we can stand more of that kind of stimulation. Full Article at The Asheville Citizen-Times

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