optimusprime_IHB
New member
Better start cutting prices quicker if you want to cash in cuz the exit door is getting smaller or awfully crowded...
Glut: 5.1 million homes for sale
<p>A major homebuilder warned this morning of the growing problem of "surplus inventory" as another month of weak sales of new homes left the inventory of unsold new homes at 529,000, and the total number of homes for sale in America at a staggering 5.1 million.</p>
Inventory of unsold homes has spiked 14% in the past year, and 77% from August 2004 levels (see chart below).
<a href="http://latimesblogs.latimes.com/laland/2007/09/glut-51-million.html">http://latimesblogs.latimes.com/laland/2007/09/glut-51-million.html</a>
Glut: 5.1 million homes for sale
<p>A major homebuilder warned this morning of the growing problem of "surplus inventory" as another month of weak sales of new homes left the inventory of unsold new homes at 529,000, and the total number of homes for sale in America at a staggering 5.1 million.</p>
Inventory of unsold homes has spiked 14% in the past year, and 77% from August 2004 levels (see chart below).
<a href="http://latimesblogs.latimes.com/laland/2007/09/glut-51-million.html">http://latimesblogs.latimes.com/laland/2007/09/glut-51-million.html</a>