Now that the extended first time home buyer credit is history, so is whatever impact it once had on home sales. The good news is that data indicates the extended program had only a modest impact, especially compared to the original incentive; this however is also the bad news. A recent, albeit modest, jump in home sales […]
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Residential Investment
We are continuously being barraged with mixed news concerning the housing crisis. One day we hear signs are pointing towards a bottom; the next housing numbers came in much lower than expectations. So we raise this question: What indicators should we be looking at to truly signal a recovery in housing? With this question in […]