Archive for the ‘Met’ tag
Chicago Business Barometer Bounces into Growth, Prices at 28-Year High
The ISM-Chicago business barometer bounced into
growth mode in July following five months of slowdown. The growth was led
by advances in production and new orders, even as prices hit a 28-year
high and employment remained in contraction for the eighth straight
month.
Foreclosures Spike by 121% from Previous Year, Says Report from RealtyTrac
U.S. home foreclosures soared by 121% in second-
quarter year-over-year results, according to a report issued by
RealtyTrac.
There were 739,714 foreclosure filings in the second quarter of 2008,
a 14% quarterly increase. According to RealtyTrac, 48 of 50 states and 95
of 100 of the largest metropolitan areas experienced year-over-year
increases in foreclosure activity in the second quarter.