The housing market: An analysis | November 28, 2008 | Danville Express | |

Danville Express

Real Estate - November 28, 2008

The housing market: An analysis

Bank of America economists predict rebound in late 2009

by David Walden

In most years the holiday season is a season to give thanks for our riches and show our appreciation for others. This year, however, the markets are very concerned that consumers do not have the cash to show their appreciation. Poor retail sales in October could very well lead to a disastrous holiday season. In essence, this could be the peak of the recession.

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