Image by TheTruthAbout… via Flickr In the previous 2 posts we looked at the “damage” from the housing bubble - in terms of the percentage of mortgages underwater. I mentioned that it probably wasn’t the best idea to think about the (sales price) highs of 2007 in terms of forecasting the immediate future of real [...]
Read the full article »
Image by thinkpanama via Flickr A couple days ago, I posted Understanding the Housing Correction in an effort to explain my opinion that most people don’t necessarily understand the housing bubble and that housing has entered a long term bear market . This isn’t meant as an insult but rather to show just how conditioned we [...]
Read the full article »