I beg to differ. Upturn started earlier than 1995. The worst pain and some of the best deals were people buying in 1991-1992 when things were the worst. It flattened out along the bottom and begain to upturn in 1995. Also we didn’t have nearly the appreciation rate as we did this time. This “perfect storm” is building steam fast and will crash the re market even faster. I’ll stick to late summer or early fall of 08′ when bottom fish start eating…..
