Relevant:
- Japan Land-Price Declines Slow for First Time in Three Years
- Home Price Declines Aren’t Getting Worse
- U.S. Federal Reserve Meeting Minutes for December 11
- Auto-loan quality to deteriorate further, forcing tighter underwriting
- The $3,200,000,000,000 Question: Why Housing Has Much More To Drop Before It Bottoms
2010-11-08 — housingdoom.com
"The housing market is currently stuck in a morass, and there are few signs that the situation will improve in the near term. The chief problem is a self-reinforcing spiral of price declines, lost equity, foreclosures, and further price declines. Credit is tight and underwriting conditions are even tighter. "
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