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Loan Modification

: Mortgage Lender Implode-o-Meter

Realtors Forecast End of Falling Prices While Inventory For-Sale Approaches Peak Crash Levels

By Implode-Explode Heavy Industries

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``New Observations estimates excess inventory for sale equals 1.4 million units with over 4-million homes on-the-block, a figure hovering just 11 percent below peak-crash inventory, while at the very same time the realtors? chief economist forecast Monday that ?the housing price correction appears essentially over.?''

Full post as published by Mortgage Lender Implode-o-Meter on May 30, 2010 (boomark / email).

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