2009-05-30ritholtz.com

"If you read the headlines the last few days you would think that the housing market has turned. Mostly they read something like “Home Sales Rise 0.3%,” and of course the reflexive bulls started talking about green shoots and a bottom in housing. And while someday we will actually have a bottom in housing, it will not be this month. It has been awhile since we have looked at the housing market, and it is time to review."



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