{"id":22577,"date":"2010-10-27T15:30:47","date_gmt":"2010-10-27T15:30:47","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/wsj-housing_gloom_deepens\/"},"modified":"2010-10-27T15:30:47","modified_gmt":"2010-10-27T15:30:47","slug":"wsj-housing_gloom_deepens","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=22577","title":{"rendered":"WSJ&#8211;Housing Gloom Deepens"},"content":{"rendered":"<p>Home sales picked up in September, but the long-term picture for housing is growing grimmer, say analysts and economists who are pushing back forecasts for a housing recovery.<\/p>\n<p>Earlier this year, the housing market appeared poised for a turnaround, three years after it peaked. Federal tax credits for buyers spurred a flurry of activity, and the economy was adding jobs. That led some economists to forecast housing would hit bottom and begin to recover this year.<\/p>\n<p>Now, some economists don&#8217;t see a recovery until late next year or early 2012. &#8220;In most markets, the tide seems to be going back out,&#8221; said Stan Humphries, chief economist at Zillow.com, a real-estate site. &#8220;The momentum is easing.&#8221;<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/article\/SB10001424052702304248704575574400829506316.html\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Home sales picked up in September, but the long-term picture for housing is growing grimmer, say analysts and economists who are pushing back forecasts for a housing recovery. Earlier this year, the housing market appeared poised for a turnaround, three<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=22577\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,149,600],"tags":[],"class_list":["post-22577","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-economy","category-housingreal-estate-market"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/22577","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22577"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/22577\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}