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

|By:, SA News Editor

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.