Tahoe Sierra Sales stats for April 2009
It’s looks like things are slowly beginning to turn around despite the unemployment figures. Fed Chief Ben Bernanke thinks the recession might start to rebound later this year.
“The housing market, which has been in a slump for three years, has shown some signs of bottoming, he said. Consumer spending, which collapsed in the second half of last year, came back to life in the first quarter.
Read more: “Federal Reserve Chairman Ben Bernanke says economy out of recession by end of year“
Let’s hope he’s right.