Thursday, August 14, 2008

Model Home

Pleeeeeeease read the excellent Times article examining various economic models for determining when the housing market will hit bottom. Fascinating stuff. One model, at least, says SF is still 1% undervalued. Perhaps most interestingly, each model the article discusses seems to make good sense, which, to us, means the best advice is, “Anybody who says they know when it’s going to end with confidence is delusional.” But we've got to close, right?

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