Tuesday, September 8, 2009
Perspective from across the pond
It doesnâ€™t take much to get the British excited about house prices again. Is the slump is over? Not at all. Expect a double dip in home values. Donâ€™t be fooled by the slight recovery in house prices over a few months. Markets always stabilize for a period, both on the way up and on the way down. It is just a pause for breath -- and the second dip in the crash is just around the corner.