Still a Long Ways To Go Before Housing Market Recovers

[Parsad]

According to the research firm below, the shadow inventory of foreclosed homes increased, even though sales of homes have been brisk.  You have Opt-A refinancings up this coming year as well.  Cheers!

 

http://www.bloomberg.com/apps/news?pid=20601087&sid=auKSnUtGaDC4&pos=7

[Zorrofan]

At the risk of being labelled a "bear" here are a few more links......

 

http://ems.gluskinsheff.net/

 

http://www.reuters.com/article/idUSN1419042320091214

 

http://www.bloomberg.com/apps/news?pid=20601103&sid=aBMXN4DFRge4

 

http://ems.gluskinsheff.net/

 

I can't help but feel that the "Great Recession" is not over. It may even be why FFH is taking money off the table (example selling H & R warrents), putting some hedges in place.....food for thought

 

Cheers

 

Zorro