Is the housing market recovering, or is there skewed data suggesting a turn for the better, while in actuality the market is doing worse?
Austin, TX (PRWEB) July 30, 2012
The Good, the Bad, and the Gorrie video series from this week highlights the US housing market and its claim of recovery.
James R. Gorrie, Absolute Wealth Managing Editor, quotes a so-called expert on the housing market bottom, which typically means a recovery will follow shortly thereafter. Instead, Gorrie provides more evidence, in the form of actual statistics that argue against the recovery claim. Gorrie helps viewers get to the bottom of the conflicting reports.
“Does that mean people with no jobs are buying houses?” Gorrie asks after supplying some supporting data. He points out foreclosure rate increases and large number of American homes still living paycheck to paycheck.
“Doesn’t sound like a recovery to me,” Gorrie said in the video.
So what’s the real story? Is the housing market recovering, or is there skewed data suggesting a turn for the better, while in actuality the market is doing worse?
Watch the rest of the video for the answers, and check out The Gorrie Details daily Editorial Column that appears every morning on Absolute Wealth’s website.
“The Good, the Bad, and the Gorrie” is a reoccurring series appearing on Absolute Wealth’s YouTube page (viewers can search for the AWPublishers channel) and featured on facebook.com/AbsoluteWealth.
Comments and opinion sharing is encouraged through all of Absolute Wealth’s social media outlets, including their Facebook, YouTube, and Twitter pages. Whether they agree with the content or not, Absolute Wealth knows that thoughtful and insightful comments always add to the conversation.
James R. Gorrie has more than eighteen years of financial advisory experience. He holds a BA in economics, and attained doctoral candidacy in international relations and comparative politics, with an area specialty in international political economy. Gorrie writes daily articles on current macroeconomic and investment topics, Special Reports, and analyses on geopolitical events around the world that affect the market.
Absolute Wealth is an expert team of real investors and advisors devoted to identifying winning strategies for exceptional returns. Members subscribe to the company’s Independent Wealth Alliance for professional investment analysis and recommendations on the latest market trends and progressions. For more information and subscription instructions, visit AbsoluteWealth.com.