Monday, January 5, 2009

Real Estate Predictors are no Nostradamus

While reading the Sacramento Bee's synopsis of real estate predictions over the past year, it was comical to see how positive everyone was. The Bee did an article showing each prediction and then what actually happened. Almost all of the predictors thought we would be out of this economic housing mess by early 2009 at the latest.

Well, we are no where near out of it. Let's see how this year's predictions go.

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