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Radardoc - "While I must acknowledge that I am probably as pessimistic as you are optimistic, " ...
May 05 13:30 pm
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All Comments by Scott Sambucci »Housing Market: The 'End of the Beginning' [View article]
I guess I'm optimistic in the sense that I think that the bad data and information is behind us, though I don't think that we're anywhere close to the end of the housing market problems. It's important to look at how the housing market holds up (or not) through the rest of 2009 to see if this is indeed a bounce or early signs of recovery. The data on inventory levels and foreclosures indicates this is a bounce, which puts the start of the recovery (the "beginning of the end") in 2010 or 2011.