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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: patron_anejo_por_favor who wrote (940)10/25/2001 11:58:34 AM
From: TradeliteRead Replies (3) of 306849
 
Thanks for posting that link.

However, the story says:

<<. The stock of unsold homes represents a 5.4-month supply from 4.8 months in August.>>

That's not a very large supply of inventory--actually pretty small, and it means the pace of sales is only a little calmer instead of red-hot.

It will have to get a lot worse than that to say things have fallen off a cliff. Believe it or not, this alleged slowdown is much-needed, and would come about naturally at some point.
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