Existing home sales lift hopes for economic recovery
Perryman notes that February existing home sales rose 5.1 percent from January, the largest month-to-month jump in six years, aided by affordability and low mortgage rates. Prices fell about 15 percent, with foreclosures up to 45 percent of sales, while mortgage applications and housing starts jumped. Fed actions and plans to buy toxic assets and support banks promise further liquidity for buyers and lenders, signaling gradual stabilization ahead.
MENTIONED IN THIS ARTICLE
Federal Reserve
Treasury
Fannie Mae
Freddie Mac
Midland College PPDC Announces Oil and Gas Courses and Events
Midland College Petroleum Professional Development Center outlines its course schedule and special events for Permian Basin professionals. Highlights include an April Geographic User's Group Meeting, an May 20 lecture by Dr. Michael J. Economides on Energy GeoPolitics, and multiple training courses such as Waterflooding, PowerTools Overview, PHDWin, and Sucker Red Lift Well Failures with fees and locations listed.
MENTIONED IN THIS ARTICLE
Midland College
Petroleum Professional Development Center
PPDC
Illinois
Midland.edu
Michael J. Economides
University of Houston
Russia
Permian Basin Petroleum Association
A. G. Langford Chaparral
W. Illinois
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