| From Thestreet.com: Thursday's disappointing homebuilding permits data further confirms that the "housing market recovery remains fragile at best," said Kevin Brungardt, CEO of RoundPoint Financial, a mortgage origination and servicing firm.
He cited the usual suspects of high unemployment, potential buyers' low confidence among in the stability of home prices and the large inventory of distressed properties that still need to be cleared..............................................Full Article: Source
|