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The Housing Bust Is Over

The Housing Bust is Over

We can all breathe a sign of relief. The housing crisis is over.

At least that was the headline on the editorial page of the Wall Street Journal earlier this month when Cyril Moulle-Berteaux, a managing partner of Traxis Partners LP, a hedge fund firm based in New York made his case that the housing market is hitting bottom right now. Some of what he says makes sense; some sounds more like tip-toeing past the graveyard; but his arguments are worth looking at so we can look back in six months and judge his claims historically.
Ref. https://www.mortgagenewsdaily.com/5192008_H...Crisis_Over.asp

Over Bust Housing The

With the food costs for gains on the rise it is hard to say. People will tighten up budgets and upgrading a house when the old one is still functional is one big area. Though renters might jump at the chance if prices are down a bit and interest rates are decent.

The Housing Bust Is Over History & Civil Business Politics

I do not believe for one minute that it is past us. With oil hitting a new record everyday and food costs going up because transportation costs are going up it is going to be a few years before the housing crisis is able to be put aside. I know most will put gas in their vehicles and food on their tables before worrying about paying for their house.

Over Bust Housing The

https://money.cnn.com/2008/05/23/real_estat...dex.htm?cnn=yes


I think this is telling us that the home crisis is not over yet. With home sales going down and more being put on the market I think the housing crisis is still going to get worse

Over Bust Housing The

If they have enough already built fro 10 months then it is not that bad. Production now will slow but not stop so maybe the greats drop has occurred an d things will level out a bit though still declining a bit more. Ontario is way down in sales this month also compared to last year. No price decline just a slow down on the price increase which is a good thing.

The Housing Bust Is Over

It is up to 11 months worth of housing at current rate of buying. That is up from 10.5 in March. I think when mays numbers come in it will be up closer to 12 months if not more. Prices are falling pretty good to. They say this a buyers market right now. I would like to look but do not want to buy a house that may go down in value after I buy it and have negative equity.

The Housing Bust Over

If the interest rates are good people will soon start buying though. Might fall a fair bit first. All you can do is ride it through as the prices will soar right back up in a couple years.

The Housing Bust Over Politics Business Civil & History

I hope that housing prices rise again. I want the value of my home to rise again and not fall. We have soo many houses for sale around us it is getting depressing.