Loading ...I’m hearing new car showrooms around here are very quiet the past two months. I’m also seeing more and more people all at the same time, trying to unload the more expensive homes. Lowering their asking prices.
The media tells us there is a shortage of houses for sale, but neglect to say the shortage is only in the lower priced affordable homes in top notch condition. There are TONS of expensive houses for sale. No shortage there.
There are also tons of cheap run down rotting old unmaintained houses in minority areas with many foreclosures and twice as many pre foreclosures as houses listed for sale.
With an economy this humbled, and only 4% unemployment??? Something smells fishy. Btw, there are only two things that smell like fish. One of them is fish. Figure out the other one.