The slight increase in sale are mostly existing homes and some new inventory that has been for sale for quite some time. Even though some homes have been selling the banks are not allowing any new starts so the developments and builders will continue to suffer.
Very interesting MightyMike. I am covering YouTube for any REAL news about the state of the real economy.
My guess is that we are a long way from the good times rollin'!
marktomarketguy 2 years ago
kudos "mightymike"... damn good reporting man
tonapah141 2 years ago 2
The slight increase in sale are mostly existing homes and some new inventory that has been for sale for quite some time. Even though some homes have been selling the banks are not allowing any new starts so the developments and builders will continue to suffer.
jc7622 2 years ago 2
thx for the info
visionvictory 2 years ago 2
Showing one housing lot in California doesn't prove anything honestly.
skyding8962 2 years ago
You are right. but you might want to look at my 7 parts of collapse of commerical real estate in sacramento,ca
love your latest vid. i think we need to blow off some steam once in a while
thanks
mike
vawt1953 2 years ago
I just checked out your other videos. Great on the scene reporting. Keep it up.
skyding8962 2 years ago 2