joyofyoga

Not Yet Time for Homebuilders

This is an ugly chart that is not tempting and dip is a slide that has a way to go. When real estate goes up, it is quickly! And when it declines, it for protracted periods ever so slowly but persisently. And there aren't any fundamentals that indicate this is a good time to jump into this market. There will be an increasing glut of inventory on the market as owners return the keys to banks.