Real estate blog entries tagged with housing crisis by Ken Fish, REALTOR (Premiere Plus Realty Co.)

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Home : Blogs : Ken Fish, REALTOR : Ken Fish's Blog : Tag "housing crisis"

housing crisis: Reaction to WSJ: The Housing Crisis is Over - 05/19/08 09:22 AM

An article in the Wall Street Journal, Online (5/6/08) reported "The Housing Crisis is Over." The national housing market is considered to have bottomed out in April 2008, with a long but forward moving road towards recovery. The significant factor: affordability.
The quick summary is that new home construction has been significantly cut, contributing to declines in inventory, which has in turn slowed the decline in prices. Inventory is expected to continue to drop, and as we near the 5-month supply level, should see the prices beign to readjust as the market demands shift. There is a good video clip from … (1 comments)

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Ken Fish, REALTOR

Naples, FL

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Premiere Plus Realty Co.

Address: 749 12th Avenue S, Naples, FL, 34102

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