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Have Housing Prices Bottomed? The Jumbo mess...

Posted by: admin in myblog on Sep 08, 2009

Have Housing Prices Bottomed? Not so fast!

As summer comes to a close, the headlines read " Housing Bottoming Out."

I disagree. First, seasonality will fade quickly into the darkness of winter. Two, the expensive coastal markets of both coast is about to get hit with a Katrina type of financial storm.

Remember the sub-prime was the start of this economic chaos nearly 3 years ago?

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