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Housing Sector Bottom?

June 8, 2009

Analysis of:Digesting This Week's Housing Data | www.realestateeconomywatch.com

First time home buyers may help to put a bottom into the market but they cannot do it alone. First time home buyers may help stabilize the market long enough for confidence to improve and step up buyers to move into the market. However, the market cannot recover until banks get rid of the their inventory. We have more rough times ahead.

Real Estate Market Continues to Weaken

September 20, 2007

Analysis of:Understanding Recent Trends in House Prices and Home Ownership | www.kc.frb.org

Real Estate prices are not near the bottom yet. I am being very carefull with expectations of resale values. The more negative press the single family homes get the less activity is on the market (except sellers).

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