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Has Housing Bottomed- WSE Pro

Some recent data suggests a pickup in housing demand and a decrease in supply. But the story behind the numbers presents a more complete picture of a market that is likely to get a lot worse before it gets better. Click here to download complete report in pdf format (Professional Edition Subscribers).Try the Professional Edition risk free for thirty days. If, within that time you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

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Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor since October 2000. I also publish, and was lead analyst for Sure Money Investor, of blessed memory. I developed David Stockman's Contra Corner for Mr. Stockman. I’ve had a wide variety of finance related jobs since 1972, including a stint on Wall Street in both sales, analytical, and trading capacities. Prior to starting the Wall Street Examiner I was a commercial real estate appraiser in Florida for 15 years. I was considered an expert in the analysis of failed properties that ended up in the hands of bank REO divisions, the FDIC, and the RTC. Remember those guys? I also worked in the residential mortgage and real estate businesses in parts of the 1970s and 80s. I have been charting stocks and markets and doing analytical work since I was a teenager. I'm not some Ivory Tower academic, Wall Street guy. My perspective comes from having my boots on the ground and in the trenches, as a real estate broker, mortgage broker, trader, account rep, and analyst. I've watched most of the games these Wall Street wiseguys play from right up close. I know the drill from my 55 years of paying attention. And I'm happy to share that experience with you, right here. 

  2 comments for “Has Housing Bottomed- WSE Pro

  1. December 4, 2007 at 7:08 am

    I just stumbled on you sight while looking for facts about Joe Battipaglia and I think Capital Stool was HILARIOUS!

    I don’t about you but I have faith that people will do anything to protect their image and legacy, I dont think big Ben wants a recession on his resume, and I think Nasty Bush wants to go out as the working mans president from Texas, who talks plain and simple and let his po folk down, I know he’s late to the party, but the FED has to bail us out and I think they will. I think its awful that the rest of us who didn’t cheat have to pay for this crap, but its part of the game, the same way you could have shorted this crap and made a 1000% like this hedge fund guy Andrew Lahde. Its just a game, winners play it right.

  2. December 4, 2007 at 8:46 am

    I don’t think that the Fed lowering the Fed Funds rate is going to solve the problem, or even make a dent in it. It’s both a solvency and a liquidity problem. Any reduction of interest rates could be enough to trigger a dollar crash. Are they going to do it? Probably. Will that make all the fictitious capital in the world, good? No. Will the market be lower in 3 months, 6 months and 1 year. Yep.

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