Housing Market Implosion Continues

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Who is the anonymous idiot who manages to leave the first comment after every post? Whoever you are, your obsession is a little odd.

of AR 5:40PM December 16, 2008

I can definitely see the housing market getting worse before it gets any better. The IAS360 house price index (http://www.iasreo.com/ias360update.html) which analyzes down to the county level has identified some signs of strengthening in counties that are located in ground zero states of the housing crisis but these are the exception. These exceptions are going to be key indicators for the housing market’s recovery.

Erik of CO 2:29PM December 16, 2008

With a huge inventory glut, a drop in housing starts is the first step to getting legs back under home values. Bad news for construction workers, good news for anyone who has to sell a home in the next six months. Bad news also for marginal home builders, but so go the creative winds of destruction.

Tom Hanna of MO 1:19PM December 16, 2008

A "conservative" nation would be looking for ways to "conserve" the glut of unsold homes and those in forclosure. It's important to not "lose" them to vacancy, vandalism and gang custody WHILE 3 MILLION PEOPLE ARE ALSO HOMELESS IN AMERICA.
Come on "conservatives", roll out YOUR plan that "conserves" something.

of 11:53AM December 16, 2008