Diane Alter – Fourth Estate Cooperative Reporter New York, N.Y., United States (4E) – Sinking home values have contributed to a 39 percent decline in the median U.S. household from 2007 to 2010. A Federal Reserve report Monday underscored the impact of the financial crisis and the recession on the average American. Taking the biggest [...]
Posts Tagged ‘household’
Sliding home values knock 40 percent from U.S. household median net worth
June 13th, 2012 
davidguide 
Posted in Real Estate Loans 
Tags: Cooperative, fourth estate, home, home values, household, internet boom, median family, median household net worth, median incomes, middle class families, Percent, Post, Sliding 
Comments OffBritish think tank warns household incomes to drop to 2005 levels
May 13th, 2011 davidguide Vittorio Hernandez – AHN News London, England, United Kingdom (AHN) – British households have lost about $750 (GBP 500) in the past 12 months, according to a study by the Institute for Fiscal Studies released on Friday. It is considered the largest drop in household income since 1981, and is equal to what households made [...]
Posted in Lending News Tags: british households, consumer price index, Drop, england governor, fiscal studies, household, household incomes, inflation rate, Lending, mervyn king, Percent, recession, threat Comments OffConsumer distress tightens again in Q3
November 18th, 2010 davidguide Weaker household budgets, renewed strains on housing costs and continued high unemployment have reversed incremental gains in consumer financial health in the first half of 2010, according to new data… View full post on All Stories
Posted in Lending News Tags: again, consumer, distress, financial health, Health, household, household budgets, housing, housing costs, strains, tightens, Unemployment, Weaker Comments Off