Housing

Housing’s Dilemma: There’s Not Enough To Buy – CNBC

UK housing market heading for ‘lost decade’ – Telegraph

Existing Home Sales: Is NAR Data Correct for January? – Global Economic Intersection

 At this point there is no doubt sales volumes are increasing – but the improvement originally conveyed in December makes the January “improvement” a step backwards.

Courts to Hasten Efforts to Prevent Foreclosures – NYT

New York State’s courts, frustrated by delays in thousands of foreclosure cases, are planning to speed them along in a new program that would give judges added control and require banks to send officials who have the power to alter loans to keep people in their homes.

Why Renters Rule U.S. Housing Market (Part 2) – Gary Shilling

Housing market perks up, but prices are still falling – MSN

Economy

It’s Now All Gas Prices, All the Time - Tim Iacono

With gasoline consumption trending down, motorists wonder why price keeps rising – McClatchy

‘EU Has Not Yet Faced the Whole Sad Truth About Greece’ – Spiegel

55 Interesting Facts About The U.S. Economy In 2012 – Economic Collapse

#24 The number of children living in poverty in the state of California has increased by 30 percent since 2007.

Misc.

Amazon Pulls Thousands of E-Books in Dispute – NYT

Amazon.com removed more than 4,000 e-books from its site this week after it tried and failed to get them more cheaply, a muscle-flexing move that is likely to have significant repercussions for the digital book market.