NEW YORK (Reuters) – Citigroup Inc, JPMorgan Chase & Co, and Morgan Stanley said they had placed a moratorium on foreclosing on some home loans to give the government time to launch a $50 billion mortgage relief program.
The moratorium announcements come days after major bank chief executives committed to pausing mortgage foreclosures at a Congressional [...]

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This may not be directly real estate related, but it is a  indication that there is momentum building back up which will lead to real estate movement!
Total sales rose 1% in January versus expectations for a decline. Sales excluding auto purchases also show unexpected gain.
NEW YORK (CNNMoney.com) — Retail sales unexpectedly rose in January, giving [...]

At long last, the Treasury Secretary has announced how the Obama administration will try to stabilize the financial sector.
NEW YORK (Fortune) — Treasury Secretary Tim Geithner sketched out the broad strokes of the latest government attempt to stabilize the financial sector Tuesday morning.
Speaking in the Cash Room at the Treasury Department in Washington, D.C., Geithner [...]

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