Housing Stats

Here's a link to some housing stats.

In the first graph look at all the Adj.Rate Mortgages yet to reset to their new rates - we're not yet to the peak... In the second graph: the time to completion of a sale of residential property (6mo) is at it's highest level since 1994... Unsold inventory has doubled in a little over 3 years... and nationwide home prices are declining.

If I was shopping for a house (not that I am, but thinking out loud) I'd be thinking there might be some steals a couple years out.