4 Threats That Remain in Housing Recovery
OtherThe housing recovery appears to be on track and growing stronger. Home sales and prices are up after reaching bottom in 2010, foreclosures and mortgage delinquencies are dropping, yet housing affordability still remains high. So why are some analysts and economists concerned? At a recent Milken Institute Global Conference in Beverly Hills, Calif., panelists said that threats to the housing recovery still remain. The biggest threats they pointed to included: Land scarcity: Real estate developers are struggling to find desirable land to start new projects, which is limiting the supply […]
