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US Housing 2013; The Hangover


By Bubbabear   Follow   Sat, 12 Jan 2013, 3:09am PST   180 views   0 comments
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http://mhanson.com/archives/1147

Happy New Year. The following is a run-down of US housing and mortgage for 2012 and outlook for 2013. As has happened so many times since housing first went tits up, the cries of a durable “bottom” and recovery with “escape velocity” have gotten so far out ahead of the data and reality it has set the sector up for disappointment this year.

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