The bottom in housing - Fueling demand


	The bottom in housing - Fueling demand

daltonsbriefs

10-8-2008 12:54 PM

268 views

tags:

real estate, housing bubble, mortgage

daltonsbriefs says:

Looks like July was indeed the bottom, and demand is increasing in all regions for homes. This will take a good six months to begin the process of reducing inventories so prices can begin to recover.

If you are thinking of buying, do so now at the bottom, you won't want to miss it.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/4f8588d5-cb32-49b7-889c-c91b72c22888/4F37F087-201D-4598-A08D-E76CA5656B7B/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.marketwatch.com/news/story/realtors-say-pending-home-sales-index/story.aspx?guid=%7B41AEF5B8%2DD76A%2D4AEA%2D97AD%2D40E1510FA22E%7D" href="http://www.marketwatch.com/news/story/realtors-say-pending-home-sales-index/story.aspx?guid=%7B41AEF5B8%2DD76A%2D4AEA%2D97AD%2D40E1510FA22E%7D" style="font-size: 11px;">www.marketwatch.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.marketwatch.com/news/story/realtors-say-pending-home-sales-index/story.aspx?guid=%7B41AEF5B8%2DD76A%2D4AEA%2D97AD%2D40E1510FA22E%7D"><H1 class="storytitle" id="StoryContent_TopPageNavigation_Headline">Pending home sales index rises 7.4% in August: NAR</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.marketwatch.com/news/story/realtors-say-pending-home-sales-index/story.aspx?guid=%7B41AEF5B8%2DD76A%2D4AEA%2D97AD%2D40E1510FA22E%7D"><DIV id="widgetInsert" class="p"><B>WASHINGTON (MarketWatch) -- Despite the credit crunch gripping the U.S. economy, the National Association of Realtors reported Wednesday that an index of sales contracts on previously owned homes rose 7.4% in August from the prior month. </B></DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.marketwatch.com/news/story/realtors-say-pending-home-sales-index/story.aspx?guid=%7B41AEF5B8%2DD76A%2D4AEA%2D97AD%2D40E1510FA22E%7D"><DIV class="p">
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