My Career and My passion: Economic, Financial & Legal insights. These are my opinions only and not meant to be relied upon. Respectful disagreement encouraged.
Tuesday, November 23, 2010
Existing Home Sales Fall - Shadow Investory looms
Yikes. A report from CNBC on October Home sales.
Important Stats: Sales fell 25% from last year Inventories rose to 10.5 months
More tough News: Shadow Inventory estimated at 2.1 Million...and this only looks at distressed property!
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