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U.S. Housing Market Dead Cat Bounce In Motion?

Housing-Market / US Housing Nov 24, 2009 - 04:58 PM GMT

By: Andrew_Butter

Housing-Market

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
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Andrew Butter Archive

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