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Sales Of Existing Homes Hit Three-Year High

There was a 5.9 percent rise in sales of previously owned homes in November from October, the National Association of Realtors says.

At their 5.04 million annual rate, sales were the highest since November 2009.

"Momentum continues to build," NAR chief economist Lawrence Yun says in the organization's report.

As Reuters notes, "the U.S. housing market tanked on the eve of the 2007-09 recession and has yet to fully recover, but steady job creation has helped the housing sector this year, when it is expected to add to economic growth for the first time since 2005."

Earlier today, there was word that third-quarter economic growth has been revised upward again.

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NPR

Like Ham? There's A Festival For That In French Basque Country

The port town of Bayonne in France's Basque region is known for its colorful food and culture. But since the Middle Ages, the town's name has become synonymous with its famous ham.
NPR

Like Ham? There's A Festival For That In French Basque Country

The port town of Bayonne in France's Basque region is known for its colorful food and culture. But since the Middle Ages, the town's name has become synonymous with its famous ham.
NPR

Why Scott Walker Is Looking Beyond His Fan Base

Governors in both parties routinely run for re-election while keeping coy about the White House. But there's no question what's on the Wisconsin governor's mind, long term.
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Should College Dropouts Be Honored By Their Alma Maters?

From a Top Gun sequel starring drones to Howard University's pick of Puff Daddy as its commencement speaker, the Barbershop guys weigh in on the week's news.

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