Wednesday, August 21, 2013

Home Sales UP; Inventory DOWN; What will Happen Next?

If the Fed thinks inflation is under control (which they don't shop where we shop) and the economy is improving, they will taper off their credit card buying and interest rates will rise and the housing recovery will slow down. Can the Fed pull off a gradual adjustment to ease the housing market into a sustainable growth pattern? I don't think so because of the lack of supply and the pent-up demand.
Your opinions are welcome!

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