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The 6 most unusual and bearish features of the housing recovery
invite response
2014 Nov 6, 10:33pm 877 views 2 comments
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1
tatupu70
2014 Nov 6, 11:29pm
tatupu70
2014 Nov 6, 11:29pm
I would say those are actually bullish features--if housing prices are rising under these conditions, imagine what will happen when first time buyers come into the market and sales increase...
2
Strategist
2014 Nov 7, 12:03am
Strategist
2014 Nov 7, 12:03am
The most unusual and bearish features of the housing recovery include the following:
20-year lows in home ownership
6-year lows in home sales
30-year lows in first-time homebuyer participation
20-year lows in purchase mortgage originations
New home construction less than 50% of normal
Household formation less than 50% of normal
Go back to 2006. What do you see?
http://ochousingnews.com/blog/unusual-bearish-features-housing-recovery/
The most unusual and bearish features of the housing recovery include the following:
20-year lows in home ownership
6-year lows in home sales
30-year lows in first-time homebuyer participation
20-year lows in purchase mortgage originations
New home construction less than 50% of normal
Household formation less than 50% of normal
Source: http://ochousingnews.com/blog/unusual-bearish-features-housing-recovery/#ixzz3IORnVmjw
#housing