Just to weigh in here, I guess I don’t get much value in what Mr Mortgage has to say verses what I have read here and even posted here. Show me who out of the more level headed posted has not said high end was not in for more trouble.
I cannot even remember how many times I have posted about the bottoms not being equal, about how they will be skewed across housing types and locations. About how I viewed the market as more schizophrenic with much more choppiness and being particularly susceptible to future interest rate hikes into the future.
I am sorry but I just don’t see anything new or novel about the latest Mr Mortgage posting. I am not knocking the guy, I just dont see anything that is news to me.