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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (35385)7/15/2005 12:54:36 PM
From: CalculatedRiskRead Replies (1) | Respond to of 306849
 
Interesting ... I was just quoting the article ... "glut".

According to the article that is the highest inventory in many years. Of course it is Newsday.



To: John Vosilla who wrote (35385)7/15/2005 8:02:48 PM
From: SouthFloridaGuyRead Replies (3) | Respond to of 306849
 
Not true. It depends on where you go. I have been talking about the increase in inventory for some time now. In many areas unsold homes are becoming noticeable.

It will take a while for it to manifest into actual price decreases, but at these levels of inventory, it will.

Also, market stress often starts in the marginal areas, and this case is no different.


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