{"id":25232,"date":"2012-02-13T10:13:04","date_gmt":"2012-02-13T16:13:04","guid":{"rendered":"http:\/\/www.patheos.com\/blogs\/jesuscreed\/?p=25232"},"modified":"2012-02-13T10:39:44","modified_gmt":"2012-02-13T16:39:44","slug":"housing-market-bottoming","status":"publish","type":"post","link":"https:\/\/www.patheos.com\/blogs\/jesuscreed\/2012\/02\/13\/housing-market-bottoming\/","title":{"rendered":"Housing Market: Bottoming?"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><head><meta http-equiv=\"content-type\" content=\"text\/html; charset=utf-8\"><meta http-equiv=\"content-type\" content=\"text\/html; charset=utf-8\"><\/head><body><p>This guy, <strong><a href=\"http:\/\/articles.businessinsider.com\/2012-02-08\/markets\/31036425_1_liens-refinancings-home-equity\" class=\" decorated-link\" target=\"_blank\" rel=\"nofollow\">Keith Jurow<\/a><\/strong>, says a big loud NO!<\/p>\n<blockquote><p>Bill McBride is a very credible economic analyst whom I respect.\u00a0 But he is dead wrong in predicting that the housing market is bottoming.\u00a0 Here is why.<\/p>\n<p>I will not discuss the first part of his claim \u2013 about housing starts \u2013 because I do not care about that at all.\u00a0 Only economists and Bill think that this is important.<\/p>\n<p>I will focus on prices in major metro housing markets.\u00a0 That is what you really care about, isn\u2019t it?\u2026<\/p>\n<p><a href=\"https:\/\/wp-media.patheos.com\/blogs\/sites\/40\/2012\/02\/Screen-shot-2012-02-08-at-1.11.49-PM.jpg\" class=\" decorated-link\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-25233\" title=\"Screen shot 2012-02-08 at 1.11.49 PM\" src=\"https:\/\/wp-media.patheos.com\/blogs\/sites\/40\/2012\/02\/Screen-shot-2012-02-08-at-1.11.49-PM-300x198.jpg\" alt=\"\" width=\"300\" height=\"198\"><\/a><\/p>\n<p>Housing analysts have been confidently predicting a bottom for the housing market for the last three years and they have been totally wrong.\u00a0 Anyone who acted on their advice and purchased a home has taken a beating.\u00a0 The clamor about a bottom finally arriving this year is just as loud and will be just as wrong.Those of you who have an interest in your local housing market \u2013 either as a prospective buyer, seller, or just a homeowner worried about how low the value of your house might go \u2013 need to disregard this nonsense about a bottom arriving now.\u00a0 There is\u00a0no\u00a0housing bottom in sight.<\/p>\n<p>\u00a0<\/p><\/blockquote>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>This guy, Keith Jurow, says a big loud NO! Bill McBride is a very credible economic analyst whom I respect.\u00a0 But he is dead wrong in predicting that the housing market is bottoming.\u00a0 Here is why. I will not discuss the first part of his claim \u2013 about housing starts \u2013 because I do not [&hellip;]<\/p>\n","protected":false},"author":197,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-25232","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Housing Market: Bottoming?<\/title>\n<meta name=\"description\" content=\"This guy, Keith Jurow, says a big loud NO! 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