Contrarian Indicators — Housing Market Edition

If you like contrarian indicators, here’s a good one, courtesy of today’s New York Times:

“Housing Fades as a Means to Build Wealth, Analysts Say”

headline, NYT (8/23/2010)

Or as Barry Ritholtz puts it, “the time to be an über-bear on Housing (or anything, really) is before the collapse ” not afterwards.”
About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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