February 19, 2010
We have often talked about a ’shadow inventory’ of homes about to come to market. The two big questions are:
What does this ’shadow inventory’ actually consist of?
How will it impact home values in 2010?
Standard and Poors has just come out with a paper which sheds some light on these questions. Let’s look at the report.
First, let’s define shadow [...]
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January 18, 2010
Going into 2010 things were looking rather ‘bullish’ for the housing industry. Sales were up and prices seemed to be stabilizing. But in the last few weeks we are starting to see how fragile the recovery actually is. Obviously, when the government ends its support after the first quarter (no longer holding down interest rates [...]
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