Thinking of buying a home since prices have fallen this past year?
WAIT! prices will come down even further. The picture above shows the prices of a median priced home in conjunction with median household disposable income adjusted for inflation through the years.
Check out a close up view the graph HERE.
For the realtors who are calling a "bottom" on the housing market take a look at the graph and tell me how you get that information. We still have a long way to fall.
Sunday, April 20, 2008
Posted by Chris at 10:49 AM