US Housing Market Summary

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a community supported watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.

Register a free account to join the discussions. When you register an account and log in, you may enjoy additional benefits including access to market data/charts and additional members only rooms (including one for trade/barter with the community).

Unobtanium

Unobtanium

Big Eyed Bug
Messages
465
Reaction score
27
Points
153
Below is an informative summary of the US housing market.

Here is the source. The author of the article states that the numbers are likely to be off a little bit; but contains still useful information.
http://www.calculatedriskblog.com/2012/05/graph-us-housing-market-summary.html

2sboe3o.jpg
 
Those are ugly numbers. That so many folks were able to buy properties with nothing, or v ery little down is a failure of epic p[roportions. When my step-monster married my mom, he had been saving for ten years to put money down on a home. He had skin in the game, and he was not about to lose his DP. These days, FHA loans can be had for 3 percent down. I could go and buy a 30 million dollar property theoretically.

How stupid is that?
 
You must log in or register to reply here.
Back
Top Bottom