2012-06-24doctorhousingbubble.com

``Are home prices nationwide at a bottom?  It looks like it.  But what will be the big driver for higher home prices moving forward?  That is the bigger call.  How long will rates remain low?  Are we looking at a Japan like scenario or can rates turn higher much faster?  Will incomes rise in the current decade?  These are more crucial questions to ask instead of claiming a short-term bottom is in place.  We'll get our taste of whether this is a more sustainable trend when the fall and winter hit and once the bread and circus of the 2012 elections are over. ''



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