Monday, January 17, 2011

The Concord Group projects no housing recovery until the end of 2012

"Continued high unemployment and a lack of demand for new homes will keep any housing recovery at bay until the end of 2012, according to one real estate strategy firm.

The Concord Group also expects the seemingly ever-growing inventory of distressed properties to create challenges for a recovery, as well..."

at http://www.housingwire.com/2011/01/17/the-concord-group-projects-no-housing-recovery-until-end-of-2012?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+housingwire%2FuOVI+%28HousingWire%29

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