The WSJ thinks so. Calculated Risk isn’t so sure.
It does appear that prices in hard-hit areas have dropped enough that long-term investors and vultures are starting to buy. So, that might imply a bottom is forming. We shall see.
Politics in the Zeros
Leftie politics, cats, Vegas, Enrolled Agent
Politics in the Zeros
Leftie politics, cats, Vegas, Enrolled Agent
2012
How do you define a housing crisis? Here in Southern Utah, home prices have dropped (from their obscene highs) but volume is up.