The Housing Crisis is Over

Cyril Moulle-Berteaux relates interesting facts that corroborate the return to a normal housing economy in the future.  Yet, others do not understand Moulle-Berteaux’s historical analysis.  

Call me a cynic, but I am skeptical when the author of an article declaring that the housing market has bottomed works for a hedge fund that doesn't have to declare what investments they currently hold or what role they had in the subprime mortgage debacle. In my opinion, this article declaring that the housing crisis is over ignores reality and offends common sense. The housing crisis is...

It is still too soon to tell if the housing crisis has bottomed out. Foreclosures in April rose another 65%, per RealtyTrac.com and over 1.2 million people are in some stage of foreclosure. We will not be able to tell when the housing crisis hit bottom until years after it hit. Ask any economist and they will tell you that to correctly analyze a trend you have to wait until after it has passed and...

The housing bust is not over and trends continue to be negative.  The only positive activity is that homebuilding stocks have gone up, without a good reason.  We still have a ways to go to work through all this.

Mr. Moulle-Berteaux seems to lack is an in-the-streets perspective.The housing market will shrink and prices will decline further before the Phoenix metro housing market hits bottom.

Recent sharp declines of housing sector indicators will move the market closer to the pricing equilibrium needed to jump start sales as home builders clearout excess inventory and resellers face-up to market realities.