Have we missed the bottom or have yet to fall in to it?
Friday, May 29th, 2009According to Florida Association of Realtors the Sarasota Bradenton Market has pushed up 9.5% from the previous months sales in March and the median price is up $20,000. Does logic indicate that we have missed the bottom or has some form of a housing real estate bear market rise given way for another tumble this summer when the balance of those exotic ARM loans adjust this year for more mortgages to default? (more…)