103 Months to Clear Housing Inventory -WSJ

[Arraya]

http://blogs.wsj.com/economics/2010/04/24/number-of-the-week-103-months-to-clear-housing-inventory/?source=patrick.net

103: The number of months it would take to sell off all the foreclosed homes in banks’ possession, plus all the homes likely to end up there over the next couple years, at the current rate of sales.

How much should we worry about a new leg down in the housing market? If the number of foreclosed homes piling up at banks is any indication, there’s ample reason for concern.

[Huckleberry]

Meredith Whitney obviously believes there is going to be another major leg down for housing (and banks) based on this interview yesterday…

http://www.cnbc.com/id/15840232/?video=1478037941&play=1

[Huckleberry]

Meredith Whitney obviously believes there is going to be another major leg down for housing (and banks) based on this interview yesterday…

http://www.cnbc.com/id/15840232/?video=1478037941&play=1

[Huckleberry]

Meredith Whitney obviously believes there is going to be another major leg down for housing (and banks) based on this interview yesterday…

http://www.cnbc.com/id/15840232/?video=1478037941&play=1

[Huckleberry]

Meredith Whitney obviously believes there is going to be another major leg down for housing (and banks) based on this interview yesterday…

http://www.cnbc.com/id/15840232/?video=1478037941&play=1

[Huckleberry]

Meredith Whitney obviously believes there is going to be another major leg down for housing (and banks) based on this interview yesterday…

http://www.cnbc.com/id/15840232/?video=1478037941&play=1

[CAwireman]

Weight of shadow inventory causing it to collpse in on itself?

[CAwireman]

Weight of shadow inventory causing it to collpse in on itself?

[CAwireman]

Weight of shadow inventory causing it to collpse in on itself?

[CAwireman]

Weight of shadow inventory causing it to collpse in on itself?

[CAwireman]

Weight of shadow inventory causing it to collpse in on itself?

[scaredyclassic]

it’s easier to believe in shadow inventory than e.t.’s

[scaredyclassic]

it’s easier to believe in shadow inventory than e.t.’s

[scaredyclassic]

it’s easier to believe in shadow inventory than e.t.’s

[scaredyclassic]

it’s easier to believe in shadow inventory than e.t.’s

[Author]

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