I think, absolutely, the first chance for any kind of housing recovery is late 2010. We’ll see some bumps from the stimulus and the economy will look somewhat better than it really is. But we won’t see any housing bottom — and I’m talking prices — until late 2010. To me, the price is the most important thing.
Friday, May 01, 2009
When will housing prices recover?
The view of First American CoreLogic economist Sam Khater: