Housing Signaling a False Dawn?

By on August 1, 2009

Henry Blodgett writes the recent positive housing numbers in the words of Whitney Tilson, are just, “the mother of all head fakes.” Blodgett also provides the opinions of Calculated Risk and Mark Hanson, who both argue that not enough attention is being paid to various seasonal factors. All four (Blodgett, Tilson, C.R. and Hanson) believe home prices will resume their decline this fall.

Source:

http://www.businessinsider.com/henry-blodget-housing-bottom-no-the-mother-of-all-head-fakes-2009-7
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