20 Startling Facts About the US Housing Market

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POSTED BY Ed (4 yrs ago)
http://www.ritholtz.com/blog/2011/05/20-startling-facts-about-the-us-housing-market/

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Ed (4 yrs ago)
Banks Amass Glut of Homes, Chilling Sales


The nation’s biggest banks and mortgage lenders have steadily amassed real estate empires, acquiring a glut of foreclosed homes that threatens to deepen the housing slump and create a further drag on the economic recovery.


http://www.nytimes.com/2011/05/23/business/economy/23glut.html


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