Housing Market May 'Have the Bottom Fall Out'

Includes: IYR, RWR, RWX, XHB
by: Cullen Roche

Excellent inside look at the weak housing data with Michael Feder, CEO of Radar Logic Inc. Feder says the busy season has been substantially weaker than he expected and now believes the market could see the “bottom fall out” as we enter the seasonally weaker period (You can also read more from Feder here):

Source: Bloomberg TV