Forces Driving the National Housing Market

Posted by nithi.vivatrat on January 29, 2009

I have been getting a lot of questions about the housing market, specifically regarding my thoughts on where home prices are going and whether this is a good time to sell or buy.

Before proceeding, and without singling out any one person or entity, let me offer this suggestion: use a healthy dose of skepticism when considering the advice/judgments/forecasts from “experts” who have a business/financial stake in how you act upon their predictions.  The economic lessons of late (failing banks, irresponsible lending practices, corrupt investment funds, biased and inaccurate ratings by ratings agencies, and others) should give us pause. WAIT! There is more to read… read on »