this housing slide and past housing cycles: This housing slide and past housing cycles - 12/11/07 09:39 AM
With the end of a year marked by weakening housing markets drawing to a close, the question on many industry professionals' minds is "When will this market hit bottom and when will it start to recover?"
The housing market has always been cyclical, with varying elevation in the peaks and valleys.
This time around, the market climbed to Mt. Everest-like heights. And the fear among market analysts is that we may be staring down at a drop of Grand Canyon proportions.
Some are calling this the worst housing market downturn since the Great Depression, while others are drawing parallels to the tech … (0 comments)

 

Matthew Ernsdorf

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