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Posts Tagged ‘shadow inventory of housing’

How Far Underwater Are Homeowners?

Posted by Larry Doyle on June 17th, 2010 12:23 PM |

Jobs and housing remain the key components to our economic future. Why do I believe we are in for a long and winding road as we navigate the economic landscape? The prospects for real improvements on both these fronts are not positive.

Just this morning, initial jobless claims ratcheted back up to 472k.

In regard to housing, if a picture speaks a thousand words, then the pictograph provided after the fold is a short novel. Despite the information provided here, this Wall Street Journal graph does not capture the full picture of our nation’s housing dilemma. (more…)






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