I moderated a few panels at the PEW conference in DC this summer with Sheila Bair — and the stand out to me was Laurie Goodman.

I think this quote today sums up the Housing recovery meme perfectly:

 

“While we have seen many dramatic headlines touting the housing recovery over the past 3.5 years, these headlines and the analysts who author them have been over-predicting changes in the housing market.”

-Laurie Goodman, Amherst Securities

 

Source: Is the Housing Recovery For Real?

Category: Analysts, Real Estate

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “QOTD: Housing Recovery”

  1. Bob A says:

    Things are getting better. Things were getting worse.
    That may not be a recovery but it’s definitely a change of direction.

  2. philipat says:

    What else can one expect in these days of manipulated markets and central planning? It is inconvenient that:

    -Equity markets should fall
    -Interest rates should rise
    -PM’s should rise
    -The Dollar should fall
    -Unemployment rates should continue not to fall
    -Property prices should not recover

    Yawn…………….