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To: Henry J Costanzo who wrote (169656)7/12/2008 1:38:42 PM
From: Paul Shread  Respond to of 209892
 
FWIW, market coverage all seems to be taking the same tone this weekend:

thestreet.com

reuters.com

marketwatch.com{E8E732C9-60D8-48F0-BDAE-1FFDA3BDD08F}

Maybe we'll finally see 50%+ Investors Intelligence bears this week...



To: Henry J Costanzo who wrote (169656)7/12/2008 3:35:24 PM
From: $Mogul  Read Replies (1) | Respond to of 209892
 
Totally disagree with Barrons...this will be a "Pro-Longed" bear mkt for home prices. They will sit in this depressed range for many years. Rising Interst rates will not help the cause either.



To: Henry J Costanzo who wrote (169656)7/12/2008 9:00:55 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
You know, MC, RE prices sooner or later will need to reconnect with historical averages. They have been at an extreme in relation to family incomes, which is not a sustainable situation. Younger people no longer can afford to buy a home in many parts of the country.... often in those parts where there are jobs. It will all need to settle down. Will probably take a while.


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