A bombshell calling ‘the bottom’ lands online

Housing starts (Click to expand via Calculated Risk)

Bill McBride, who is a highly respected blogger on finance and economics, lobbed a bombshell the other day that has been predictably controversial.

On CalculatedRisk.com — which I check two or three times a day for his latest news, information and insights on real estate — the full-time blogger declared the following:

The Housing Bottom Is Here

He contended that Continue reading