Sorry for the lack of posts recently, but the reality is that I am a real estate agent first, and a blogger second 🙂
Anyway, I don’t know how this little nugget (h/t to Chelsea Handler) slipped by me (probably because May 6th was MY birthday). WSJ had an interesting article prophesizing that we are somewhere near the bottom of the real estate crisis, and one sentence, in particular, jumped out at me:
Most people forget that the current housing bust is nearly three years old.
The article is a very good read and adds balance to all the over-simplified analysis that has come our way over the YEARS.