Saturday, October 18, 2008

Case Shiller Update

I've posted the Case-Shiller Index on numerous occasions but now that the meltdown in housing is a reality, it's time to project where the bottom in housing may be and when it can be expected. Always remember that "reversion to the mean" is always predictable when valuations get out of control and it is NEVER "different this time". A new generation of investors learn this valuable lesson to pass on to the next generation.