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


To: Poet who wrote (137900)7/31/2008 12:12:57 PM
From: Live2SailRead Replies (1) | Respond to of 306849
 
I haven't read the article yet, but I have often heard that a 6-month supply represents a balanced market (whatever that means). 7.7 months doesn't sound horrid.

It may be that many homes are getting locked up in the foreclosure process, so they are not coming to the market yet.