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Lack of Defaults/Foreclosures/Short Sales; A Serious Housing & Spending Headwind


               
2014 Aug 31, 3:45am   482 views  0 comments

by Bubbabeefcake   follow (1)  

http://mhanson.com/archives/1612

As such, bullish leaning headlines of plunging defaults, foreclosures and short sales over the past two years are everywhere, often. Some analysts actually follow and publish the data weekly presenting them as further irrefutable evidence of a real “recovery”. But, of course, when it comes to new-era housing what instinctively sounds like a positive, or negative, is more often than not the exact opposite.

#housing

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