Morning Minute: Housing a silver bullet for economy, analyst says

In a recent CBS News segment on the economy, CBS news analyst Mellody Hobson said housing and housing-related construction will be a big driver in the economy’s recovery.

“Housing is the silver bullet. The largest number of unemployed people are construction-related, and as those roles start to fill, and the related industries that benefit from housing also start to grow, we’ll see that unemployment number continue to drop and drop and drop,” Hobson said.

Click here to watch the full interview.

In other news:

Congratulations to REALTOR® Mac Boyd, an Arcola real estate sales agent with Farmers National Co., who was recently awarded the company’s Gold Eagle Award for his outstanding efforts in real estate sales. Read more in the Journal Gazette and Times-Courier.

More headlines:

In a sellers’ market: 3 ways for buyers to win a bidding warChicago Sun-Times

Boomerang buyers return to market after foreclosureChicago Tribune

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