[quote=Nor-LA-SD-guy]
I think is fairly safe to say given the number of sales in T.V. that it won’t be long (if you want a nice newer home anyway) before you either ..
a) Have to pay someone to build one for you.
b) Have to give someone like TG enough to sell you his.
Now how much do you think that would cost ???
[/quote]
I don’t buy this. Although TG, eclipxe or I wouldn’t sell the house to you, there are plenty of people who will. That is the real shadow inventory. People who restricted their mobility because the house price has come down 50%. Once it is moving up to what they paid for, they would want to get out.
Don’t get me wrong. I have optimistic view of T.V’s future. But I think we will see at least a few years’ housing price lagging the inflation in most places in US.