For Home Prices, the “Second Derivative” Rolls Over Again…But ITB Holds

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Anecdotally, I’ve been hearing reports and thoughts that the US housing market, if not at a bottom yet, should be close to one.  While this may be true for certain markets, it doesn’t appear that a base is being formed, at least yet, across the board. From the WSJ: Home values fell 3% in the […]

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