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Topic: Housing market slump  (Read 7257 times)

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Re: Housing market slump
« Reply #60 on: December 24, 2007, 03:40:45 PM »
Quote from: Mort on December 24, 2007, 03:13:22 PM
On the flip side, with houses not selling there should be an uptick in inventory as well. Prob a wash in both directions.
True more inventory BUT investors aren't going to buy because they too are worried.  Some will take advantage I'm sure but demand for rentals is still way up.
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Re: Housing market slump
« Reply #61 on: December 24, 2007, 04:13:45 PM »
Quote from: nc73 on December 24, 2007, 03:40:45 PM
True more inventory BUT investors aren't going to buy because they too are worried.  Some will take advantage I'm sure but demand for rentals is still way up.

I meant RENTAL inventory. Only makes sense, right? If a person can't sell, they'll need to do something to recoup payments.
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Re: Housing market slump
« Reply #62 on: December 25, 2007, 08:50:14 PM »
Quote from: Mort on December 24, 2007, 04:13:45 PM
I meant RENTAL inventory. Only makes sense, right? If a person can't sell, they'll need to do something to recoup payments.
Sure but there isn't many that needs to move right away.  Maybe not even 1 percent of homeowners have a desperate need to move.
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