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
House prices are STILL to high!
Posted by Chris at 10:49 AM
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2 comments:
More charts? Is this the best this site can do?
How about singling out the people and institutions that got us here and taking a stand with some attitude?
Bush/Cheney
Realwhores/REIC
Sheeple
Is this blog worth coming back to or just more static and noise?
Or Just unplug the server...
Perhaps you did not read this article I wrote.
http://housingfear.blogspot.com/2008/03/good-guys-vs-bad-guys-who-is-looking_12.html
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