Schweizer

Has the Housing Market Hit Bottom?

It will be interesting to see the effect of rising interest rates and increases in foreclosures on more expensive homes (Alt-A, Option-ARM, Jumbo, ...) impact these curves over the next 2 years.

Also, it might be wiser to characterize things as a "lower low" than a stict "bottom," as things can get worse and you will have egg on your face if you are a bottom caller.

Good work though!! One of the best articles around on this topic.