Keith Springer Author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, is Featured in the July issue of Futures Magazine

FOR IMMEDIATE RELEASE
Sacramento, California, United States of America (Free-Press-Release.com) July 6, 2011 -- SACRAMENTO, Calif. July 6, 2011 – Keith Springer discusses the impact of the housing market on economy recovery.

According to Michael McFarlin, writer for Futures Magazine, “In most recessions, housing is one of the first areas to pick back up and begin contributing to GDP, but that hasn’t been the case this time.”

In a speech Bernanke gave at the International Monetary Conference, he agrees that housing has been a drag on the recovery.

There are a ton of bank-owned homes and short sales on the market. "[Foreclosures] are hurting housing now because those are existing homes that need to be sold before new houses can be built," said Keith Springer, author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, and president of Springer Financial Advisors in Sacramento, CA. "Without a housing industry, which is a huge part of our economy, it is going to be a drag on our economy for years to come."

To view more print and TV media interviews with Keith, visit http://www.KeithSpringer.com and click the “in the news” link, email Keith@KeithSpringer.com or call (916) 925-8900. In addition to his work as an expert financial advisor, Keith provides customized mortgages and consulting for homeowners. This information can be found at http://www.KeithSpringerLoans.com.

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