Personal Finance Daily: Home prices to pick up ahead, Zillow says

	Personal Finance Daily JULY 24, 2012 Tuesday's Personal Finance stories By MarketWatch Don't miss these top stories: Home prices reach a bottom: Zillow Consumer debt seen rising—again Get ready for more days like Monday Here's the app that could kill Facebook Why Apple might jump after bumpy report Have home values finally reached bottom? Zillow, the real-estate website, says yes. Nationwide, home values rose 0.2% in the second quarter compared with a year earlier—the first annual increase since 2007. Still, with more foreclosures ahead, and the overall economy on rocky terrain, we may not be there yet. Read Amy Hoak's story today for more on the housing market. Plus, check out our story on how some economists expect consumers to start ramping up debt again. That might be good for the economy, but it isn't a good plan for consumers' pocketbooks. —Andrea Coombes , Personal Finance editor Home prices reach a bottom: Zillow National home values have hit bottom and are on the rise, the real-estate website Zillow reported in a news release on Tuesday. Home prices reach a bottom: Zillow. Consumer debt seen rising—again The financial crisis prompted consumers to start paying down their debt, but even with the economy far from recovery, that decline in consumer debt is expected to reverse. Consumer debt seen rising—again. Canadians' higher net worth isn't the whole story Maybe Reagan was wrong. Maybe wealth doesn't trickle down after all. Maybe it trickles up — to Canada. Canadians' higher net worth isn't the whole story. ECONOMY & POLITICS U.S. manufacturing growth 2nd-worst post recession Growth in the U.S. manufacturing sector slowed in July to the second-weakest since the country emerged from recession, according to a survey released Tuesday. U.S. manufacturing growth 2nd-worst post recession. Euro crisis brings world to brink of depression The crisis has now gone well beyond the prospect of breaking up the euro to the threat of a full-fledged financial and economic collapse in Europe that could plunge the world into a second Great Depression, writes Darrell Delamaide. Euro crisis brings world to brink of depression. Are we in the long run or the short run? When formulating economic policy, we must first take care of our short-run needs before we can deal with those of the long run, writes Irwin Kellner. Are we in the long run or the short run? China factory gauge hits strongest level in months A privately compiled reading of China's manufacturing activity offers up its strongest level since February, although the headline number technically indicates contraction for the ninth straight month. China factory gauge hits strongest level in months. Fake lawsuits behind China's 'famous' brands Corrupt judges and lawyers scheming with companies use courts to stamp a 'famous' label on consumer goods, Caixin Online reports. Fake lawsuits behind China's 'famous' brands. INVESTING Market for Zynga shares near a balance It's now easier to consider making a case for the shares ahead of the company's earnings report, writes John Shinal. Market for Zynga shares near a balance. Water is the new gold, a big commodity bet "Is water the gold of the 21st century?" asks Fortune. Answer: Yes, water is the New Gold for investors this century. Water is the new gold, a big commodity bet. Get ready for more days like Monday Monday's triple-digit Dow decline was not an aberration. On the contrary, writes Mark Hulbert, the market will not be able to mount a sustainable rally until the Wall of Worry gets rebuilt. Get ready for more days like Monday. Why Apple might jump after bumpy report Like most tech giants this earnings season, even the stellar Apple is expected to report a lull ahead of new products, accompanied by a cautious outlook. And if last week is any guide, investors might be buying up its shares afterwards. Why Apple might jump after bumpy report. Here's the app that could kill Facebook The emergence of cooler, sleeker and easier-to-use social networking apps is a reminder that Facebook's best days may be behind it — something Wall Street and investors are already betting on. Here's the app that could kill Facebook. Get the latest news on our mobile site: http://www.marketwatch.com/m MarketWatch has sent you this newsletter because you signed up to receive it. To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders. Sent to: kumaresan.selva.blogger@gmail.com Unsubscribe | Subscribe Copyright 2012 MarketWatch, Inc. All rights reserved. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07). MarketWatch - Attn: Customer Service, 201 California St., San Francisco, CA 94111