On a bleak note, the US housing market has continued to struggle. Foreclosure sales fell in line with the entire market and predictions for 4th quarter are that we will see continued slowing. Is this just the new normal in the housing market, or are we still sifting through this mess that we got ourselves into. Associated Press article (here).
Automakers are out with their sales from last month. Hyundai was a winner with sales of its Sonata, while Honda, Nissan, Ford, GM, and Chrysler all reported positive numbers. The one loser ... Toyota. This is the second straight monthly sales decline for the company. JD Power says it's a continued result of their recalls. (here)
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Kevin
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