Thursday, May 5, 2011

About that Housing Market

Home Prices & REO's
Home Prices 

Housing Starts

  • Home prices are still falling like a rock
  • More homes are coming on to the market, which will only bring prices down
  • Large amount of REO's taking place and new homes still being build
  • Lots more supply then demand
  • Hard to buy a home if you do not have a job
  • Keep in mind home prices are still falling even with all the money the fed is spending
  • What will happy to home prices when interest rates go up?
  • Time to shorting homebuilders soon?