Welcome to the Vitus Capital Blog!
Notes to myself, possibly of interest to others.
-- Bill Northlich

Thursday, September 1, 2011

There is no housing bottom in sight

So says Keith Jurow.  The linked article is not proof of course, but Jurow discusses the usual culprits:  shadow inventory, underwater properties, tenuous HELOC's, "strategic defaults" (walking away), etc. in Phoenix, Las Vegas, and Miami.

Not fair to pick on the worst markets?  You be the judge.

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