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Posts Tagged ‘ Supply ’

Foreclosure Supply and the Housing Market

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Foreclosure Supply and the Housing Market

First a few excerpts from this article by Diana Olick at CNBC: When Foreclosure Supplies Fall, the Bottom Falls Out of Housing While foreclosures brought home prices down initially, they are now driving them up because there is so much demand from investors and first time buyers, looking for bargains. Supplies of these cheap...
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One Year Supply of Houses? and other stuff

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One Year Supply of Houses? and other stuff

First on housing … When the July existing home sales data is released, will we see 12 months of supply? Double-digits supply is a given. The high for this cycle was 11.2 months back in 2008, and based on preliminary reports, I think a new high is very likely and 12 months of supply...
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