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Housing: Still A Broken Market
Posted on April 12, 2012 at 19:55 PM EDT
Aside from everything else — including a still-massive overhang of properties for sale — the fact that ultra-cheap financing is not enough to induce a suffcient number of buyers to step up and take the plunge makes it apparent that we are nowhere near a bottom in the housing market. And yet, Wall Street keeps [...]

Aside from everything else — including a still-massive overhang of properties for sale — the fact that ultra-cheap financing is not enough to induce a suffcient number of buyers to step up and take the plunge makes it apparent that we are nowhere near a bottom in the housing market.
And yet, Wall Street keeps piling into homebuilding stocks (I guess fundamentals don’t matter when you’re the “smart money” — … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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