Friday, January 23, 2015
Residential Market Collapsing
The U.S. residential market is slowing down FAST even in the hottest U.S. markets, relatively speaking of course. This is a fact despite record low interest rates for years now and supposedly endless demand from buyers which is not materializing.
I don't need to write much here. You can follow the links which speak for themselves.
Home Sales Market Slowing
Nothing is Going to Save the Housing Market
End of the Suburb Myth
High Housing Prices Dampen Sales
I could go on and on but what is the point?
The bulls have retreated into the woods and the bears roam with claws ready.