Housing bottoms in 18 months

[optimusprime_IHB]

This is what I've been calling for and this guy presents it perfectly with the Alt-A wave of resets coming up...

http://www.cnbc.com/id/15840232?video=805940450&play=1

 

[IACRenter_IHB]

Your link is not working. Can you repost?

 

[no_vaseline_IHB]

The link worked fine for me.

 

[billbaldi_IHB]

This guy hit it right on the head. I couldn't of said it better. Don't listen to anything the NAR says they are so full of it. I love their commercials that houses on average almost double every ten years.

 

[No_Such_Reality_IHB]

Well, the IMF is looking at working papers on it. Courtesy of Jim the Realtor's blog: Equilibrium Prices at 2001 level overshot to 1999 prices.

 

[norcaljeff_IHB]

This is what I've been calling for and this guy presents it perfectly with the Alt-A wave of resets coming up...

http://www.cnbc.com/id/15840232?video=805940450&play=1

Link still works. Good video to the deniers.

 

[optimusprime_IHB]

So what's the range...18 months = 15-20% drop?