Overbuilding in the boom years that preceded the economic recession has resulted in too many houses available for the level of demand, the president said.
"It is going to take time to absorb this inventory that is just too high," Obama said. "There's no quick way to do it."
Continue reading.
Sounds familar, no? Maybe he's been reading Dan's Deep Creek Blog and some of my previous comments on Deep Creek real estate inventory levels.
Don't forget to check back to Dan's Deep Creek Blog for your future updates on Deep Creek real estate.
No comments:
Post a Comment