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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: RetiredNow who wrote (253597)6/11/2010 2:38:36 PM
From: CalculatedRiskRead Replies (1) of 306849
 
I think ECRI does fine ... but ...

1) they oversell their record (like calling the bottom for house prices in May 2007 - that was obviously wrong) and excerpting from their Nov 2007 release to make it sound like they called the recession (the opposite was true).

2) No one has a crystal ball.

Otherwise they are fine. Best wishes
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