Home › Forums › Housing › Home sales continue plunge › stockstradr wrote:In case it
[quote=stockstradr]In case it hasn’t been posted to this thread, Mish has some great blogging on this topic:
http://globaleconomicanalysis.blogspot.com/2010/08/burning-down-house-new-home-sales.html%5B/quote%5D
Inventory is up, sales are down, sentiment has soured, and tax credits have gone poof. Prices will follow.
Inventory is up, sales are down, sentiment has soured, and tax credits have gone poof.
Prices will follow.
Simple enough