housing recovery

Economy

The Shadow Inventory Debate

by Ryan Hinricher | March 22, 2010
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I’ve been tracking what people are saying about the shadow real estate inventory that many economists, real estate professionals, and bankers are frightened of.  Seems there’s some debate if the shadow inventory, will stymie the housing recovery. First the definition of shadow inventory is up for debate.  Depending on who you’re listening to it can [...]

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Economy

Investigation into Pending Home Sales Reinforces Recovery

by Ryan Hinricher | January 11, 2010

On the 5th of January, the National Association of Realtors released its latest Pending Home Sales Index (PHSI), showing a 16% decline over October.  Almost immediately the media seized these numbers and outlets like MSNBC reported “Housing Industry May Be Headed for Double Dip”.  Of course any decline anywhere in the economy right now is [...]

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Real Estate Investing

Invest on the Ground Floor

by Winston Westbrook | November 20, 2009
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My grandfather was born in Guayaquil Ecuador in 1906. He came to America in the 70′s and would tell me stories about his business in Ecuador exporting bananas to the United States. He loved America and all it stood for; he wouldn’t drive anything but American made cars. Chevy to be exact, lol. He stated [...]

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