Aside from everything else — including a still-massive overhang of properties for sale — the fact that ultra-cheap financing is not enough to induce a suffcient number of buyers to step up and take the plunge makes it apparent that we are nowhere near a bottom in the housing market.
And yet, Wall Street keeps piling into homebuilding stocks (I guess fundamentals don’t matter when you’re the “smart money” — … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards