Dec 7, 2010

The US Real Estate Market Is Double Dipping

"The United States real estate market, for sure, is double dipping. The apparent increase in prices has been fully reversed, demand is falling, and supply is going to increase.”

in New York Times

Related: iShares Dow Jones US Home Const. (ETF) (NYSE:ITB), Lennar Corporation (NYSE:LEN), D.R. Horton, Inc. (NYSE:DHI), Bank of America Corporation (Public, NYSE:BAC), Citigroup Inc. (NYSE:C) , JPMorgan Chase & Co. (Public, NYSE:JPM), Huntington Bancshares Incorporated (NASDAQ:HBAN)