NEWS ABOUT: single-family homes
single-family homes stories: 2 news briefs
ANALYSIS
Bailout bucks could fund 7 space stations, pay salaries for 16M teachers
San Francisco Chronicle Oct 5, 08 6:03 AM CDT
(Newser Summary) -
With the Treasury Department now in charge of figuring out what holes to plug with its $700 billion in bailout bucks, the San Francisco Chronicle takes a look at what else that money could do. Some highlights: Hire 16,062,414 public-school teachers. Pay the average weekly wages of 22 million Americans for one year (based on Department of Labor’s figure of $612 per week).
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February's 2.9% rise surprises analysts; median price tumbles unprecedented 8.2%
Bloomberg Mar 24, 08 10:45 AM CDT
(Newser Summary) -
Existing home sales stunned Wall Street today with an unexpected spike, Bloomberg reports. The metric rose 2.9% in February to an annual pace of 5.03 million. Analysts had predicted yet another decline, to a 4.85 million pace. But one economist said this was only a “temporary pause.” “We’re still a long way from a recovery in housing,” he warned.
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