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:
Related Posts:buying a home central oregon housing bottom new homes Reasons to Buy a New Home woodhill homesThe Housing Crisis Is Over
By CYRIL MOULLE-BERTEAUX
The dire headlines coming fast and furious in the financial and popular press suggest that the housing crisis is intensifying. Yet it is very likely that April 2008 will mark the bottom of the U.S. housing market. Yes, the housing market is bottoming right now…continue reading
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