MessageStream with Tags : lehman
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| Update: More misery awaits real estate market. See what smart money is talking | ||
To boilerroom From boilerroom using Gmail 06/27/2008 10:48 AM
(0) | 45 views
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| More misery awaits real estate market. See what smart money is talking | ||
To boilerroom From boilerroom using Gmail 06/26/2008 10:09 AM
(0) | 69 views
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Sales have now been on net about unchanged and have shown little month-to-month volatility over the past six months, further indicating that high levels of housing affordability are stabilizing demand. This has also been seen in recent months in the new home sales figures. Inventories of unsold homes remain extremely high, but if sales continue to show stability and starts come down substantially further, *a more balanced market could be achieved by the first part of next year**.* –*Ted Wieseman, Morgan Stanley [ this dude is smoking, now Go...