We don't have any real estate blogs for Comanche at this time.

single family new constuction sales

By
Industry Observer with Howard Sumner Consulting

It is good to understand that the government has the ability to fix problems. As I have mentioned various times new single family housing is tied to two things #1 employment and #2 the elimination of foreclosure inventory overhang. Thanks to all the programs that did not work in solving the foreclosure problem, just delayed and extended, we will be dealing a weak housing segment of probably another two years minimum nationally. If the stock market had dropped 82% from the peak and was 63% off from the 48 year average what actions would our friends in government take and how much bonus would the ceo's lose? Thoughts to ponder ............................

 

housing sales

 
 

one unit structure

 

new single family sales

250

 
       

peak year

 

1389

 

sales % drop from peak

 

82%

five year average

571

 

sales % drop from  five year average

56%

48 year average

 

677

 

sales % drop from 48 year average

63%

 

Comments (0)

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?