Record Lows
…in housing starts. Someone forgot to tell them about the ‘green shoots’.
While we’re on the subject of real estate, our realtor here told us yesterday that “it’s as slow as it can be without being stopped.”
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Buy Low! I’m surprised, what with the impending Interest Rate increases…one would think people would be rushing out to buy property.
Comment by Andrew — 5/19/2009 @ 11:35 am
If they’re looking to buy, there’s still plenty of inventory out there.
Comment by BMB — 5/19/2009 @ 11:37 am
And shockingly, these days, I’m hearing they want to make sure you have a downpayment. And a JOB or the means to pay a mortgage. Unbelievable, isn’t it?
Comment by Maria — 5/19/2009 @ 1:13 pm