Legendary mortgage bond trader, Lewis Ranieri says the slump in U.S. home prices is almost over.
“I’m actually very enthusiastic about housing, and I haven’t said that in five years,” said Ranieri, who spoke on a panel at the Milken Institute Global Conference in Beverly Hills, California. “We’re within shouting distance of a bottom.”
Sam Zell: housing market is starting to “bottom out” and “this summer we’ll see equilibrium”. […]
Lenny Dykstra, ex-baseball player, and options trading tout, getting house and plane repo’d. Another indication that market is bottoming out. […]
When the smart money is confused….Market is at an inflection point […]
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