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Economists Hop on Recovery Bandwagon

Economists Hop on Recovery Bandwagon

  By Steve Cook, Rismedia Bank of America’s announcement recently that it has significantly improved its home price forecast for the current year made headlines; in fact, the bank joins a growing list of housing economists who have seen the light and hopped on the...
Shadow Inventory???

Shadow Inventory???

August 2012 U.S. Economic & Housing Market Outlook from Freddie Mac The Shadow The ominously termed “shadow inventory” is casting a pall of uncertainty over recent signs that home values have bottomed out. What’s behind it, and is it as threatening as it sounds?...