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Has Housing Really Bottomed?


               
2012 Jul 8, 7:30am   51,449 views  119 comments

by ZMan   follow (0)  

This is a question for all. Have we really seen the bottom in the housing market, with all the foreclosures, lack of demand??...
If people are not working, they are not buying.
Don't we have to see some stabilization in the Job market before we get stabilization in the housing market?

http://www.dailyjobcuts.com

#housing

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1   tatupu70   @   2012 Jul 8, 8:59am  

You have job cuts even during booms. That's nothing new. The job market has stabilized--hiring isn't as robust as everyone would hope, but it's going the right direction.

You can really only tell the bottom in hindsight... Ask again a year from now.

2   ZMan   @   2012 Jul 8, 9:12am  

tatupu70 says

You have job cuts even during booms. That's nothing new. The job market has stabilized--hiring isn't as robust as everyone would hope, but it's going the right direction.

You can realy only tell the bottom in hindsight... Ask again a year from now.

Your are correct there are cuts in good times too. But Do you actually believe that the current Job market has stabilized?

3   tatupu70   @   2012 Jul 8, 9:35am  

ZMan says

Your are correct there are cuts in good times too. But Do you actually believe that the current Job market has stabilized?

All the available data certainly seems to say so.

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