Housing Data
The housing data looks bleak. I am sticking with my gut that the housing market is at its bottom. Interest rates are lower than they have been in years and, anecdotally, I am seeing more "sold" signs in the neighborhood. I am hoping the data will reflect this. The data from the article linked above is for November, and I am still optimistic that bottom was reached in November or December.
Tuesday, January 29, 2008
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