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Comparing Housing Inventory Economic Models With the Number of Unemployed
One key point and serious economic issue when it comes to housing for any given geographical area or region of our country, is the number of homes for sale in inventory which are waiting on the sidelines to be bought. When the housing inventory is too high, the prices remain very low and the market remains very soft. For a full economic recovery in real estate the local area must soak up that inventory.
Hod Did We Get in This Mess?This is a simplified description of how the economy works. It seeks to explain how the current financial crisis has resulted from failure to look at all parts of the economy.
