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Revisiting Housing Seasonality & the Perennial Bottom Callers

Posted on July 28, 2008

I've been meaning to go over some of the details in last week's Housing data. I was surprised to hear several commentators discuss the imminent turnaround in Housing. Mind you, these were the people who missed the entire significance of Housing before the collapse, who insisted it was contained, and would not infect anything else. Why are you so obsessed with Housing I was asked repeatedly by this crowd from 2005 thru '07. Perhaps I shouldn't be all that surprised at what the usual crowd of shills and pollyannas states, given their horrific track record. Recall that back in March, we noted i...

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data , existing home sales , housing , new home sales , tax