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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (74863)12/5/2006 7:01:24 PM
From: ild  Respond to of 110194
 
<<<bloated inventories will pressure prices>>>

I expected this had already happened.

The fact is that the prices on new and existing houses are holding extremely well. Even in bubble areas. Yes, the sales are down, the cancellations are up but it's all "soft landing" as long the prices are holding well.