Some U.S. real estate markets have bounced back strongly since the Great Recession while others have languished. All told, “the recovery is spotty at best.” Now, two new developments are adding risk to the mortgage market.
www.youtube.com/watch?v=EiFtoy4_uv0
Retail ETF XRT could be in for a whirl-wind of hurt. We are expecting a 25% clear if the 38 handle is violated with targets 30-34.
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Who is buying a house? What, are you insane? Who’s going to buy that house when you go to sell it? What, some 30 year old making $8 dollars an hour? The only people buying homes are real estate companies and banks, and some other oblivious people hopped up on cough meds. Good Lord! Seriously, real estate has recovered, who knew?