Americans put on their layers, their boots, their gloves and shopped anyway. Economists are worried about what the weather’s doing to the economy, yet there was a vivid sign today that Americans were out there buying after all. The government said retail sales bounced back in February, up three tenths percent. It was a decent months for cars and trucks, furniture, and clothes.
Plus, foreclosure filings in the U.S. hit a seven-year low in February, according to a monthly report from RealtyTrac. But that doesn’t mean there aren’t still problems – the newest of which is so-called “zombie properties,” properties vacated by the homeowner, lingering for years without being repossessed or resold, attracting vandals and blight.
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