Tuesday, April 26, 2011

Meanwhile, in Real Estate

Home prices Home prices continue lower.

Real estate is the forgotten man, as it were. Maybe because most of those who have lost their homes have moved on. The banks have received their bailouts, and life goes on.

Meanwhile, the speculators have moved on to Silver, Oil, or NFLX.

But here's a reminder that the real estate market is still struggling.

Too much inventory. Unemployment is too high and wages are stagnant.

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