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This page contains all of the posts and discussion on MemeStreams referencing the following web page: Calculated Risk: The Housing Bottom is Here. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

Calculated Risk: The Housing Bottom is Here
by Decius at 10:48 am EST, Feb 7, 2012

My guess is that nominal house prices, using the national repeat sales indexes and not seasonally adjusted, will bottom in March 2012...

And this doesn't mean prices will increase significantly any time soon. Usually towards the end of a housing bust, nominal prices mostly move sideways for a few years, and real prices (adjusted for inflation) could even decline for another 2 or 3 years.

But most homeowners and home buyers focus on nominal prices and there is reasonable chance that the bottom is here.

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