Telling Anyone Who Will Listen about the Current Real Estate Correction is Good but, Knowing How to Take Advantage of it is Better.
First, I agree with much of what Keith has to say at the Housing Panic web site about the current real estate correction. He is correct that the correction is no where near finished and those who are groping for the “bottom” are wasting their time. He is also correct in his assertion of the [...]
So, Who is Lewis Ranieri and Why Should We Listen When He Says Median Home Prices are going to Decline This Year?
Lewis Ranieri, is a pioneer in the securitized mortgage market, in fact many regard him as the father of that market.
At a a recent Milken Institute Global Conference he told his audience for the first time since the numbers have been tracked in the US, the median home price is likely to face a real [...]
