US Facing Prolonged Recession, But Housing Potential Bright Spot
November 18th, 2008 • Related • Filed Under
Who would have thought it, that real estate may be the bright spot in the economy in the near future. As the official whipping boys of why everything has gone wrong we now may be the good guys.
Our builders have slowed down and inventory is starting to hit a level that allows price increases. Inventory is at a 10 month supply, that is excellent news.
There was one nugget of good news from the survey. NABE forecasters “see housing demand leveling off fairly soon.” However, “with new home inventories running at 10-months’ supply, it appears that home prices will bear the brunt of adjustment in equilibrating demand and supply,” NABE said via WSJ.
Although I agree on most points, I would like to point out that most of the banks that are being ...
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Great blog, keep the great content coming! 
If you want to succeed, do not say "we can prevent this in the future." Live in reality. ...
The price of the property depends on its quality and the deal between the management. Good and wise choices are ...
I don't have experience at actualy working in tha automotive bussinnes, but have experience working in a warehouse invironment. ...
Comment by Richard on 20 November 2008:
Also, check out new private contracts that can allow you to guarantee that you will not loose your investment in the home.
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Richard
262.883.3230