THE BOTTOM OR A FALSE ECHO

There are 3 graphs on this post that would tend to make you believe we have seen the bottom of the housing bubble.  Maybe so but I’m not calling it yet.  I think there is more to go maybe a further 10 to 15% down . There are too many triggers out there that send us further down the hole.

On an interesting not and this is a point that I have been pushing for awhile,  real estate prices are a strictly regional thing.  This article in the Record Searchlight today

Shasta County prices have only fallen 5%.  I find that real hard to believe but if true I know at least one person this would make very happy.

 

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