Housing: Looking Ahead
Calculated Risk: Housing: Looking Ahead
In this interesting blog, the author makes an argument that we may be seeing signs of a bottom in housing . The post goes on to explain that we’ve still got to work through a lot of pain before housing markets really recover. However, in a turn of schizophrenia, the blogger also notes that in previous housing bubbles, we experienced 5-7 years of falling housing prices before they there was a significant uptick.