What is truly laughable about this thread is the knee-jerk reaction to the mere mention of Fox News. From BikeRider’s original post, it sounds to me like they had a panel of money managers (like the type seen on their Saturday business shows).
Unlike many of the commenters, I actually went to the Fox News web site and viewed the segment in question. It was exactly what I suspected (it was from Saturday’s broadcast of Cashin’ In). A round table discussion of housing with 6 panelists including a Fox News reporter.
End result: 3 bears, 3 bulls.
Among the bulls was Tom Adkins of RE/Max. Among the bears was the Fox News reporter (gasp!), the delectable Dagen McDowell.
For all of the posters here up in arms over Fox News’ alleged RE bullishness, have you ever watched CNBC?