Asheville Mountain Real Estate Blog

Asheville, NC real estate for sale. Information for buyers, sellers and mountain homeowners, without pressure. Rich content for those who are far away about what it is like to live here through the generous use of media. And some nostalgia with our, "Baby Boomers' Fun Stuff", Thanks for stopping by.

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Location: Mars Hill, NC, United States

A small, highly personalized real estate firm specializing in mountain homes and land in greater Asheville.

Tuesday, May 27, 2008

A Little TV to Start the Week

Let's ease back into the work week with a little video. 3 minutes and 28 seconds from Market Watch with David Wyss, chief economist at Standard & Poor's.

This is a calm, empirical, and very macro level discussion of housing, oil, and consumer sentiment.

Salient Points
Existing home inventories at a 23 year high, sales down 30% from the peak, sector hardest hit is homes at the higher end, with home prices in general expected to decline further, before delving into consumer patterns and retail data.



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Filed Under: Housing Data

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