Ziad K Abdelnour - "Is This A Housing Scam Or What Exactly?"

Jul. 02, 2013 11:16 AM ET

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https://www.blackhawkpartners.com/

Seeking Alpha Analyst Since 2013

Ziad K. Abdelnour is President & CEO of Blackhawk Partners, Inc., a New York based private equity "family office" that focuses on originating, structuring, advising and acting as equity investor in management-led buyouts, strategic minority equity investments, equity private placements, consolidations, buildups, and growth capital financings in companies and projects based both in the US and emerging markets. Blackhawk Inc. is also a reliable trader and supplier of a wide range of commodities to industrial and financial consumers globally. The Firm’s customers around the world rely upon Blackhawk as a source of Metals and Minerals and Crude Oil and Oil Products. These products originate either from Blackhawk directly or indirectly owned assets, or are secured by Blackhawk from third parties. Since 1985, Mr. Abdelnour has been involved in over 125 transactions worth in aggregate over ten billion dollars in the investment banking, high yield bond and distressed debt markets and has been widely recognized for playing an integral role in those three key market sectors.

We are told that there are only 1.74 million homes left for sale in this country and at current sales rates we'll run out of inventory in 4.2 months....You better buy now and not miss the boom in the making and before it's too late... Hilarious to say the least.

We must be running out of houses I guess. We need more houses built ASAP, before this becomes a crisis. The problem with this storyline for dummies? Existing home sales are falling. If there is an inventory shortage, why have new home sales fallen every month since May of 2012? Does this happen when you have a strong housing market? Do you believe the NAR inventory figure of 1.74 million homes for sale? The last time the months of supply was this low was early 2005 - during the good old days.

Thanks

Ziad K Abdelnour

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