I bet a job would improve those DTI scores
Ntaionwide numbers are pretty meaningless in real estate. The market will continue to be flat in most areas. The shadow inventory thing is overblown if you’ve been through more than one of these contractions.
The lack of new home construction makes up for a lot of the shadow inventory, which consists of a lot of homes that are cheap, investor properties in this climate. And investors will buy them as their prices hit the feasibility level.
There will soon be a shortage of decent, modern single family-homes for sale. That’s already the case is some markets.
Yep—about 20 more years of us Baby Boomers crapping out and leaving millions and millions of empty houses. Yep, yep, yep, yep, yep, yep, yep,...
;-D