D. McHattie

Estimated Change in Home Prices

I'm not sure what investors in the case-shiller futures could be thinking. Miami is only going to fall another 7% in 2009?

I had thought, once 60 Minutes showed the graph of alt-a and option arm mortgage resets that many of us have been looking at for over a year, that everyone would see the writing on the wall for house and condo prices. But I guess not.