Powerful graph - it truly is the case that a picture says a thousand words (or more). Interesting insights...I think stability in pricing at current values/levels will still be painful over the next few years.
What do you think will happen to all of the $1+ million homes that are vacant or in foreclosure?
As housing goes...... so goes the economy! 2013 will be another rough year but look out for 2014! There is a pent-up demand and a housing shortage!The Realtors Assn made a mistake in their stats for existing home sales -- next week will an interesting reset. Housing could be worse off than previously reported. Buyers have disappeared because of fear!
Powerful graph - it truly is the case that a picture says a thousand words (or more). Interesting insights...I think stability in pricing at current values/levels will still be painful over the next few years.
ReplyDeleteWhat do you think will happen to all of the $1+ million homes that are vacant or in foreclosure?
As housing goes...... so goes the economy! 2013 will be another rough year but look out for 2014! There is a pent-up demand and a housing shortage!The Realtors Assn made a mistake in their stats for existing home sales -- next week will an interesting reset. Housing could be worse off than previously reported. Buyers have disappeared because of fear!
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