market summary: Market Improving?
- 11/07/09 01:57 AM
Here is an interesting article I found today: Daily Real Estate News | November 6, 2009 | Share Declining Inventory Sign of Stabilizing Market An important reason that the housing market is stabilizing is the reduction in inventory. Current sales and inventories suggest that supply will decline below the pre-2006 levels by the end of 2009. But analysts say that the stabilization of the market doesn’t mean that prices will rise anytime soon. They point to what they call “shadow inventory,” foreclosed homes that banks are holding off the markets. They predict that these homes will hit the market in spring 2010. But overall, … (1 comments)
Here is an interesting article I found today:
;)
;)
