U.S. Housing Market Dead Cat Bounce In Motion?
Housing-Market / US Housing Nov 24, 2009 - 04:58 PM GMTBy: Andrew_Butter
Looks like King Canute may be having a reality check; perhaps house prices are going to go where house prices are going to go?
This is an update on two months ago:
Final stage foreclosures still bubbling along at 85,000 a month, second stage still over 140,000 a months (http://mhanson.com/blog ).
Not pretty, but tides come and go; that’s nature.
By Andrew Butter
Twenty years doing market analysis and valuations for investors in the Middle East, USA, and Europe; currently writing a book about BubbleOmics. Andrew Butter is managing partner of ABMC, an investment advisory firm, based in Dubai ( hbutter@eim.ae ), that he setup in 1999, and is has been involved advising on large scale real estate investments, mainly in Dubai.
© 2009 Copyright Andrew Butter- All Rights Reserved
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