Back on the Kudlow Report at 7:00 pm this evening to discuss RE, mortgage mods, prices, foreclosures, and maybe even some housing.
We will cover:
Negative Magazine covers suggest we are probably through the worst of this;
House prices have stabilized BUT
Housing market is facing a lot of headwinds: Weak household formation, soft job creation, Rates more likely to be higher than lower 5 years from now, etc.
Its likely to take a long while before we start seeing Housing show annual gains
As always, it should be fun.
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