December home sales rise fails to erase dismal 2008 (AFP)

A price reduced sign is seen in front of a home that is for sale on January 6, 2009 in Miami, Florida. Existing US home sales rose unexpectedly in December amid plunging prices but the gain failed to prevent the worst year in more than a decade, an industry group said Monday.(AFP/Getty Images/File/Joe Raedle)AFP – Existing US home sales rose unexpectedly in December amid plunging prices but the gain failed to prevent the worst year in more than a decade, an industry group said Monday.

Leading economic indicators, home sales rise (AP)

AP – A flood of federal bailout money pushed a private research group’s monthly forecast of economic activity unexpectedly higher in December, while a decline in home prices boosted housing sales.

Shinn Estate VineyardsNV RED(North Fork of Long Island)

(North Fork of Long Island) I have an announcement to make: I have a new favorite local red wine for every day, food-friendly drinking. Shinn Estate Vineyard’s non-vintage Red ($14) is a blend of 75% merlot and 25% cabernet sauvignon. It isn’t the most

Goldman: Big U.S. banks at risk of becoming new utilities

(Reuters) – Goldman Sachs said big U.S. banks face the risk of becoming the ‘new utilities’ as increased regulation and higher capital requirements pressure their return on equity. The brokerage also expects consumer and residential real estate problems

Leading indicators, home sales rise (AP)

AP – A private research group’s monthly forecast of economic activity rose unexpectedly in December, mostly because the flood of federal bailouts increased the money supply.

Existing home sales rise but prices see record drop (Reuters)

A bent over sign advertising a home for sale is shown in Daly City, California December 31, 2008. (Robert Galbraith/Reuters)Reuters – The pace of sales of existing homes in the U.S. rose 6.5 percent in December, but the median home price dropped by a record 15.3 percent compared to the same period the year earlier, a National Association of Realtors report showed on Monday.

December existing home sales rise by 6.5 percent (AP)

In this Jan. 20, 2009 file photo, bank repo,  foreclosure and for sale signs sit outside a foreclosed home in Houston. Most congressional Democrats say the quickest way to save homeowners is to let them declare bankruptcy and allow judges to dictate new mortgage terms. (AP Photo/David J. Phillip, File)AP – A real estate group says sales of existing homes rose 6.5 percent from November to December, closing out the worst year for the U.S. real estate market in more than a decade.

Leading indicators rise on increased money supply (AP)

AP – A private research group says its monthly forecast of economic activity rose unexpectedly in December, mostly because the flood of federal bailouts increased the money supply.