21.06.2011 - US: With no credit, housing investors dig deep
Nothing like getting to work on a Monday morning and finding no fewer than four dismal reports on the housing market in my "Inbox." It's not like anyone thought housing recovered over the weekend (that was pretty clear from the precious few "Open House" signs in my neighborhood at least), but the outlook is deteriorating, and we're just a day away from getting what is expected to be a weak report on existing home sales for May..............................................Full Article: Source
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