Near a Bottom in Housing? Probably Not. November 10, 2006Posted by Unreasonable in Matters Financial.
I don’t think we’re close to the bottom of the housing correction yet. This article explains why better than I could:
I’m still trying to figure out how to recognize the bottom. Maybe when annual housing starts drop below 1,000,000:
…or maybe when Robert Toll starts buying stock in his own company again. If you’ve got a good housing buy signal, let me know.