Yeah, just like those nuts that said the housing market was going to collapse. Bunch of idiots.
LOL, did you actually read their predictions? I always said there would be a slowdown and a soft landing with small declines or flat pricing. Granted the slowdown looks like it is going to last longer than I thought, but I will match my predictions against theirs any day. They were talking about 40% price drops in 6 months. Prices have only fallen very slightly nationally. The doomers were talking the housing market taking the economy into the next great depression. We still have 3.4% GDP growth. Sorry, the housing market is not pretty, but it ain’t the doom that it was painted by the bubble heads. So far it has been a soft landing as I predicted.