Thread: The Housing Market Recovery Has Vanished

The Housing Market Recovery Has Vanished

Mac Slavo
August 9th, 2011
SHTFplan.com

96 Comments
many links on this post

Via CNN:

Any glimmer of hope that the housing market will stage a recovery in the upcoming months has vanished, thanks to the recent spate of bad economic news that has been making headlines over the past several weeks.

According to the latest analysis of home price trends in 384 markets based on the Fiserv/Case-Shiller Indexes, it will be well into the first quarter of 2013 before median home prices across the nation will even be on par with prices from the first quarter of this year.

“Every piece of bad news causes more people to be more nervous,â€

A great article Airborn. Thanks.

I really liked the references to historical real estate booms and busts. Americans have been hood-winked. Again.

Paper or gold, bubbles are created with credit. Paper has much more opportunity for quick expansion, and moral collapse than gold, but it is the psychology of the masses in the end that are played for the profit. Like a witch's brew, there are always more than just the eye's of newts that are thrown into the pot.