It’s been a long time coming, but thanks to the improving housing market the economy seems to be pulling out of the recession. Existing home-sales rose 7.2 percent from June to July to post a seasonally adjusted annual rate of 5.24 million units. This was the highest monthly increase in the last 10 years. Resales […]

    According to the officials at Columbia University, the recession ended September 2009. It will have lasted for 21 months, making it the longest recession in modern history. Because the recession coincided with a  financial crisis and a real estate deflation, it felt like the worst thing since the Great Depression. It’s likely that […]