Housing: Objects in the Mirror May Appear Closer than They Are [View article]
Maybe true, but soon is relative. There is so much pent up inventory that prices are likely to still decline for 6 months or more, even if its starting to turn.
So the impact on the equities markets may be soon, the best time to buy housing is probably still a ways off.
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May 05 08:08 am
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All Comments by themackattack »Housing: Objects in the Mirror May Appear Closer than They Are [View article]
Maybe true, but soon is relative. There is so much pent up inventory that prices are likely to still decline for 6 months or more, even if its starting to turn.
So the impact on the equities markets may be soon, the best time to buy housing is probably still a ways off.