Look, until we get to the point where banks can’t even GIVE their REOs away, we are nowhere near the bottom.
Until shell-shocked homeowners stop qualifying their comments about prices being down by suggesting that the market will pick up soon, we are nowhere near the bottom.
Until our nation, as a whole, decides to “throw in the towel” on real estate ownership as a good idea, we are nowhere near the bottom.
Enough of the silly bottom-calling by all the dreamers out there. This thing is far from over, especially in the markets that did the “best” during the first five years of this decade.