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To: SoFloFreeper

Inventories of unsold homes are also at their highest in 18 years, which is bearish for the housing market.


13 posted on 11/29/2005 7:07:57 AM PST by Thane_Banquo ("Give a man a fish, make him a Democrat. Teach a man to fish, make him a Republican.")
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To: Thane_Banquo
"Inventories of unsold homes are also at their highest in 18 years, which is bearish for the housing market."

I think that’s half the story. Sales are still high, and that has pulled more homes on the market from people cashing out, figuring that prices or at their peek.

17 posted on 11/29/2005 7:12:39 AM PST by elfman2
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To: Thane_Banquo
Inventories of unsold homes are also at their highest in 18 years, which is bearish for the housing market.

One would think these strong new sales would help cut into that inventory somewhat.

54 posted on 11/29/2005 9:19:24 AM PST by montag813
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To: Thane_Banquo

My house is one of them!


92 posted on 11/29/2005 7:37:09 PM PST by Holicheese (Would you like a beer? No thanks, I will have a bud light.)
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