With the backdrop of extreme weakness in the US housing market through the end of 2011, the trend of divergence between the distressed and the non-distressed housing markets
continues.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj5w5ycqyNdLhRsmLn9TuildmDQR4QEz4Ds6qRAxR5b2rnRNcqCWjvmpTwNRBoHwudKpPsL3HLU1-vwp5i2rP79PGFvHME3RxVytClx365omPzeudmBDLlOHwBWaMbHHhsEalI1uu8MEls/s400/distressed+vs.+total+housing+prices.png) |
Source: Capital Economics |
CoreLogic's latest data show new lows for the US housing market in 2011 with a worrisome downward trend. The non-distressed market however seems to have stabilized. This market duality should continue through 2012 as new inventory of distressed homes enters the market. The hope is that ultimately the non-distressed component will provide support to the overall market.
SoberLook.com