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June 29, 2009

Comments

eric

Good stuff Bruce. I'm just mad that Lockhart is still sitting at his post.

Bruce Weinstein

While my crystal ball down here in the settlement pit is a little cloudy obviously other balls seem quite clear. I need a new crystal ball. What I can say is this...the rate of price decline appears to be slowing as does increasing months of inventory on the market. Oh the number of sales is up year over year...but prices I dont see them moving up yet or anywhere near yet. As long as the foreclosure rate is on the rise and short sales still abound it is extremely hard to see the bottoming process occuring now outside my window.

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