James J. Cramer, co-founder of TheStreet.com, host of CNBC’s “Mad Money”, and regular contributor to New York Magazine, declared in a recent column that the housing market will begin its long awaited upswing on June 30, 2009.
A self-described “bear” on housing in the past year, Cramer offers 10 reasons why “everyone who now thinks there’s no end in sight to weakening home prices will look like a fool in nine months and will miss the best opportunity to buy since the 1987-1991 real-estate crash.”
It’s a good article and worth reading - if only to get a fresh, and perhaps contrarian view, of what those of us in the trenches have been saying on daily basis - it’s a buyers market.
To see the 10 reasons, visit:
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