Relevant:
- Single-Family Inventories Remain Oversupplied by 900,000 Units
- Oversupplied NYC Will See A Flood Of New Apartments And Condos This Year
- US existing home sales unexpectedly fall in July
- Almost All of the New Apartment Inventory Nationwide is "Ultra-Luxury"
- U.S. existing home sales surge; supply improves
2009-12-25 — ml-implode.com
"The housing market remains oversupplied by 860,000 units when compared to a 10-year average inventory and the overhang represents a direct contradiction to the spirit of Tuesday’s headlines describing new data from the National Association of Realtors."
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Comments:
tvsterling at 12:02 2009-12-26 said:
The bankers aren't dead yet; they just left the field (using all our taxes for the next 10 years as a crutch). The three F's (Fanny,Freddy & FHA) are carrying the fight to the enemy but the only catch is the enemy is us, the citizens. Oh & they are using all our taxes for the next 10 after the banker's cut for ammunition. Can you spell Sovereign Default? Evidently Little Timmy & his momma (GS) can't. Permalinkadd a comment | go to forum thread
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