I came across this note and wanted to highlight two important points. First is on housing inventory, or the number of homes for sale on the market. This is an indicator you want to keep your eye on over the next few months. This number has increased dramatically with the housing and economic slowdown and will be one of the indicators that signals strength coming back into the housing market. This note mentions the number of homes on the market decreased in September. While that is a good sign, we […]

I’ve posted a few thoughts on the Bailout and thought I would post a few experts thoughts on exactly how this is going to affect the housing market. The first comment is by an analyst that follows and researches the housing market while the second comment is from a housing market insider that works in the industy. Home Builders Have Mixed Views on Bailout Will the bailout help home builders whose business has been gutted by falling values? Paul Puryear, a home-building analyst at Raymond James & Associates, says yes. […]

I have been reading quite-a-bit about the huge government bailout, and I am finding many of the articles are long, drawn-out and hard to understand. Many of you may be struggling to understand exactly what all is involved in the huge bailout and how it will affect you. The note below is a fairly concise read on where we are and what we can expect over the next few days. As of this writing, the Senate had approved the revised plan and a vote is expected in the House of […]