The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Think4Yourself who wrote (84397)	8/10/2007 10:32:56 AM
From: MulhollandDrive	Read Replies (1) of 306849

f you can make that argument in three months, when rates have stabilized and truly desperate sellers (and foreclosures) are flooding the markets, then I would be willing to agree you were right. we're currently heading into the slow RE selling season, i wonder how many will pull their listings (for now) ....right now i think we have something like 8.5 months of inventory on the market , point being we may get a temporary reduction in housing inventory....most analysts realize the inventory is to be seasonally adjusted, so if the inventory remains at current levels, that will bode extremely poorly for housing market next year talk about a perfect storm, high inventory and a liquidity crunch expect foreclosures to accelerate and mounting political pressure to bail out

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