Tuesday, December 22, 2015

Mortgage Foreclosure: Restricting MLS inventory is reviving homebuilding

Homebuilding usually leads the economy out of recession. The Great Recession did not end with a building boom largely because of overbuilding during the housing bubble. A false price signal triggered excessive homebuilding, and it took five years to work off the inventories. The collapse of the...
Restricting MLS inventory is reviving homebuilding




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