2009-07-13blogspot.com

``The Case-Shiller charts suggest that the worst may finally be over. However, so far all we can say is that things are getting worse at a decreasing pace. This is not the same as getting better. Indeed it may take 2 years or more to cross the zero-line in the second Case-Shiller chart. That would be consistent with a bottom in 2011.''



Comments:

mortgagemess at 04:23 2009-07-14 said:
I think Case Shiller needs to examine this on a region by region basis...I find it hard to believe that the worst is over when my area just recorded the largest foreclosure for the month of July at 10,000 homes available for auction at the courthouse steps.. Permalink

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