Wednesday, January 07, 2009
Thanks to a link from the Implode-O-Meter, it looks as though there are now enough samples to declare "2011" the winner in yesterday's home price bottom survey.
It's interesting that there are twice as many votes for "2014 or later" than there are for "2013". Anyone wanting to venture a guess for why that might be, please feel free to do so. The year 2014 is five years away making the peak to trough about ten years, meaning that we wouldn't see another home price peak until sometime in the 2030s, assuming the rise takes twice as long as the decline.