Terry Finn

When Will the Housing Market Bottom?

Hello Fred, Interesting article! The homes in my area that rent for $2,000. to $2,200. per month are selling for 325K to 375K which simply tells me that we have quite a ways to go to hit bottom. Your formula is right on. Your prices are not realistic in my neck of the woods. Have A Prosperous New Year. Thank you for sharing your thoughts.