This article summary comes from Todd Ballenger, a friend and mentor of mine.  We spend time every week focusing on trends that effect you as a future home buyer and those that already own a home:

From Moody’s:  ”Consumer credit balances rose rapidly for a second consecutive month. The primary driver of the rise in credit remains the nonrevolving segment. Revolving credit appears to have broken from its holding pattern, as balances have increased in four consecutive months. Banks’ increasing willingness to extend consumer loans is boosting confidence to access credit. While recent growth cannot be sustained, the general pattern will be one of acceleration through 2012 as the recovery strengthens.”
Overall, things are getting brighter, but under the covers we haven’t solved a lot of problems that still need attention – play hard, play smart, manage your risk.