The U.S. housing market is teetering on recession. Will the economy soon follow? - MarketWatch

High mortgage rates and home prices batter key part of the economy, but the news isn’t all bad

The last time the housing market suffered a major meltdown in 2006, it took the entire U.S. economy with it. But history never follows the exact same script twice.The weakening housing market is undo… [+5266 chars]

full article...