tradersystemguru

Pulse of the U.S. Housing Market

And if we go into recession and real incomes drop, unemployment rises and an increasing number can't make mortgage payments, do you think the number of delinquencies, foreclosures and home inventories might rise? Also, as building demand drops so do costs but it's important to point out that in past recessions building costs as a floor under the market became irrelevant, especially when inventories of unsold existing homes remain high...