Dave Stevens, CEO of the MBA of America and former FHA Commissioner, spoke recently in Richmond. He addressed the inventory levels in housing and the huge Echo boomer generation of buyers that is coming of age.
There are some signs of bright spots out there! And a bullish future. The attached Wall Street Journal article looks like we are taking a step in the right direction.
http://blogs.wsj.com/developments/2011/12/20/already-low-housing-inventory-drops-more/
Wishing everyone a very merry Christmas and all the best in 2012!
Tuesday, December 20, 2011
Lower Housing Inventory & Prices Are On the Rise
Posted by pmgee84 at 11:09 AM
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