May 13 2008
Wall Street Journal Points to Housing Bottom
There are a couple of articles in the Wall Street Journal this month that seemed to think that we were at, or very near, the bottom of the real-estate cycle. We mentioned one of those articles last week (Has Central Oregon’s Housing Slump Reached a Bottom?). Typically at the bottom, you can notice a high number of investors getting in, which seems to be happening now. Only time will tell. Here is the second article from May 6th:
The Housing Crisis Is Over
By CYRIL MOULLE-BERTEAUX
