Housing data for this month suggests that the usual seasonal uptick in prices has come to an end at a lower high than last year. Contracts are falling out at record rates as insolvent banks blow up deal after deal in the mortgage process. On the other hand, there are lots of cash buyers in some markets as prices approach rental investment value. Those markets are probably near a price low if the employment picture doesn’t worsen. That’s not a bet we can make at this point. Full time employment is dead in the water and at risk of turning negative again at any time.
Click here to download complete report in pdf format (Professional Edition Subscribers). including 25 pages of charts and clear, cutting edge analysis that you can use to gain an edge in the market. Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. 30 day risk free trial for new subscribers. Click here for more information.
Get regular updates on the US housing market, and stay up to date with the machinations of the Fed, Treasury, Primary Dealers and foreign central banks in the US market, in the Fed Report in the Professional Edition, Money Liquidity, and Real Estate Package. Try it risk free for 30 days. Don’t miss another day. Get the research and analysis you need to understand these critical forces. Be prepared. Stay ahead of the herd. Click this link and begin your risk free trial NOW!
Enter your email address in the form to receive email notification when Professional Edition reports are posted.