Friday, April 24, 2009

Home, Home I'm Deranged

Home sales down in March, inventories down, prices down, but still 10.7 months of homes on the market. That's going to have to go down to 6 months or lower before we hit bottom in the housing market.

Mr. Cramer still stands by his call of a bottom in the housing market in two months. You keep thinking that, and over here in reality, I figure 2010 sometime. Maybe 2011.

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