“Demand is artificially high … and supply is artificially low.” …
Housing Recovery Continues … Sort Of
For the economy to recover, the housing market must recover. When consumers can barely pay their mortgages, they’re unlikely to spend money on other things – and when consumers don’t…
Housing Showing Signs of Recovery
We’re in a business where it’s good to worry; if we didn’t worry, we might take on too much risk, to the detriment of our clients. But we recognize that…
Sales of Bank-Owned Homes Fall
According to CNBC.com, which quoted a RealtyTrac report, “Sales of distressed U.S. homes fell in the first quarter as demand remained weak, but they still made up about 28 percent…
Housing Market Needs Rehab
It wasn’t long ago that housing seemed like the best possible investment. Housing prices just kept going up, up, up. Now 2011 is on track to become the sixth consecutive…