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?