Archive for February, 2009

Path to recovery…a long road

Saturday, February 28th, 2009

Housing inventories
We would not look for house prices to stabilize until inventories reach eight months’ supply. Until that level is reached, we see price declines of 3% per quarter. What will cause inventories to fall given the underlying weakness in the economy and tight credit conditions? Simply put, demographics. We see an underlying rate of new home demand of 520,000 units per year. With housing completions likely to fall below that figure late this year, we could begin to see modest declines in housing inventories starting next year.

Households not favoring idea of taking on new credit

Saturday, February 28th, 2009

US existing home sales fall by more than expected

Wednesday, February 25th, 2009

Foreclosure prevention plan shares the pain

Sunday, February 22nd, 2009

Economic News - Commercial real estate in disarray

Friday, February 20th, 2009

The Best Mortgage Loan and the Second-Best Mortgage Loan

Friday, February 20th, 2009

Ideas on preparing for potential layoff, adding moisture to dry winter air, dressing up tired counter tops and more

Monday, February 16th, 2009

Another sign the housing recession is deepening

Thursday, February 12th, 2009
February 2009
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