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Barry Ritholtz picks apart Barron's housing bottom call (its 3rd since 2008), noting among other...

Barry Ritholtz picks apart Barron's housing bottom call (its 3rd since 2008), noting among other things the heralded drop in distressed home sales (and increase in prices) is the result of a year of banks abating foreclosures during robosigning settlement discussions. As for homebuilders, factors driving their stock gains are far different from what drive home prices.
Comments (3)
  • Barry's predictions,,,, 2011 -6%
    2012 -3%
    2013 -1%
    2014 0%
    2015 +2%

     

    We shall see....
    10 Sep 2012, 10:20 AM Reply Like
  • Monkey with a machine gun ... clueless
    10 Sep 2012, 10:20 AM Reply Like
  • I would like to be bullish on housing but not until employment picks up in a meaningful way. On the plus side, we are almost all the way though the garbage that needed adjustment from 2008 until now.
    10 Sep 2012, 12:56 PM Reply Like
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