*yawn* More rhetoric from these people who are starting to make lawyers look honest, and base their opinions on nothing more than desired outcome:
“…gradual recovery, which should start in the second half of this year.”
Based on what data? The fact that prices are falling, foreclosures are up, or lending standards have tightened?
“It appears that the worst of the price correction is behind us,” says Pat V. Combs, president of the trade association.
Again, based on what, your gut?
Median prices have fallen three quarters in a row, and they fall faster each quarter, like a bullet dropped from the top of the Empire State Building.
This is my favorite line in the article, because it is an observation, not BS. The bullet hasn’t landed yet, so there is pretty much zero weight to their points of view.
