Friday, March 26, 2010

V-Shaped Recovery in U.S. Housing Market says Feder

March 24 (Bloomberg) -- Michael Feder, chief executive officer of Radar Logic Inc., talks with Bloomberg's Matt Miller and Carol Massar about the outlook for the U.S. housing market. Blizzards, unemployment and foreclosures combined to produce the fewest sales of houses in the U.S. last month since record-keeping began in 1963, according to the Commerce Department. The supply of homes at the current sales rate increased to 9.2 months worth, the highest since May, from 8.9 months. (Source: Bloomberg)



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