Follow by Email

Monday, April 7, 2008

Housing prices are probably bottoming out.

Since I have one daughter trying to sell and one trying to buy, I've been trying to figure out which way the housing market will go from here. This is a pretty compelling argument that prices won't go significantly lower (second half of the article).

1 comment:

JLundell said...

"Financial markets imply a further decline of about 20 per cent in US house prices, but financial markets are sometimes wrong (as must surely be obvious by now)."

Yeah, that's pretty compelling. I'm calling my real estate agent right now.