Posts with tag housing inventories

The financial blog CalculatedRisk.com published an alarming chart today showing how excess housing inventory is hurting job seekers. Until that inventory is reduced, it is unlikely that unemployment numbers will improve. This week the Census Bureau released the "Quarterly Starts and Completions by Purpose and Design"... Continue Reading »

If you're looking for a sunny outlook on the economy, skip the International Builders' Show in Las Vegas. The outlook for home builders is poor with only a slight chance of recovery in 2010. Ongoing joblessness and steady foreclosures are keeping U.S. builders from feeling confident about a quick recovery for the housing... Continue Reading »