The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Vosilla who wrote (39453)	8/23/2005 11:36:30 AM
From: CalculatedRisk	Read Replies (1) of 110194

From Bloomberg: quote.bloomberg.com "We are starting to see more houses coming into the market," and that is a sign of a turn, Harris said. "First you see inventories rising, then you see a flattening of prices and then you start to see people have difficulty selling houses because buyers have more options and they get more demanding." A total of 2.75 million homes were for sale last month, the most since May 1988. My comment: So this is the highest inventory since the previous bubble, but sales are so much higher it doesn't look bad on a "months of inventory" basis. I expect sales will fall and inventories will keep rising ...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next