A Bottom in Housing? by Michael J. Panzner

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A Bottom in Housing?

by Michael J. Panzner - Financial Armageddon

Published : May 14th, 2012

58 words - Reading time : less than a minute

( 3 votes, 5/5 )


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Keywords : Recovery |

Despite the fact that home prices are more affordable than ever --

the percentage of people looking to buy a new one remains near multi-decade lows --

Doesn't quite sound like "recovery" to me (but then again, what do I know?)

(Charts: "US Housing Outlook: Housing Recovery Stalling?" Torsten Stock, Chief International Economist, Deutsche Bank)

Michael J. Panzner

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Michael J. Panzner

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Michael J. Panzner is a 25-year veteran of the global stock, bond, and currency markets and the author of Financial Armageddon: Protecting Your Future from Four Impending Catastrophes, published by Kaplan Publishing.

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