Homebuilders say U.S. is in a ‘housing recession’ as sentiment turns negative

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Homebuilders say U.S. is in a ‘housing recession’ as sentiment turns negative (archive.ph)

May be time to start loading up on some depressed mortgage funds.

(post is archived)

[–] • 2 pts

The market is still going crazy, especially in the rural areas. I used to get much more moving way out, but now they are about as expensive as where I live now.

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[–] • 0 pt

The market here is just insane still, especially with Intel breaking ground on their new chip plant.

However - I see a lot of houses being bought up by rental agencies. Those houses aren't necessarily renting out at the prices listed.

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[–] • 0 pt

Where we've been looking, housing, while falling, still ranges in crazy land from 2x-11x it's worth. See prices steadily falling 5% - 12% per month back to sanity. Hopefully this begins a more rapid resolution to sanity.

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