NY Times Bullish Real Estate Assessment
Started by Riversider
over 13 years ago
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Member since: Apr 2009
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http://www.nytimes.com/2013/03/21/business/economy/in-us-surprise-housing-demand-catches-industry-off-guard.html?_r=0 The housing turnaround seems to have caught almost everyone in the business by surprise “In my 27 years I’ve never seen inventories this low,” said Kurt K. Colgan, a broker with Lyon Real Estate here in the Sacramento metropolitan area, where the share of homes on the market has plummeted by one of the largest amounts in the nation. “I’ve also never seen a market turn so quickly.”