Friday, December 14, 2007

Bloomberg: "Market to get worse in '08"


On the heals of my post the other day about possible real estate market optimism for 2008, Bloomberg has a report today saying things will get worse in 2008.

According to some experts quoted in the article hope for a turnaround in 2009...at best. Bad news for homebuilders, mortgage lenders and the like.

Good news if you're a boomer looking to get a good deal and don't have a house to sell first.