Wednesday, March 24, 2010

Housing Double-Dip

Voltron says: Second straight drop in California year-over-year sales. Double-dip is happening right on cue. See "the only chart that matters" on the right side of the blog. I like that chart so much because it is not a chart of the past trying to predict the future, it is a chart of what is actually already scheduled to happen in the future (mortgage resets).

http://www.businessinsider.com/california-housing-is-double-dipping-right-now-2010-3

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