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2009-08-15 — researchrecap.com
" As various housing indicators continue to come in ahead of expectations, we remain primarily focused on the employment situation as the principal driver of the housing markets-affecting both demand and supply. Unemployed consumers can not buy homes, and protracted unemployment makes it difficult to service mortgages which can lead to forced sales or foreclosures, events that add to the current high level of unsold home inventory. "
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catherine at 03:38 2009-08-16 said:right on....... I LOL everytime an official talks about a jobless recovery with a straight face............ no jobs NO NUTHIN............... Permalinkadd a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |