Housing permabears can no longer ignore the data: Home prices are up by the most in at least...

|By:, SA News Editor
Housing permabears can no longer ignore the data: Home prices are up by the most in at least seven years. Among the many potential impacts: ~1M households regaining a positive equity position, and a meaningful decline in the number of newer mortgage delinquencies. The wealth effect from housing is 10x more than Bernanke's attempts to pump up the stock market, Josh Brown writes.