- Miller Samuel Real Estate Appraisers & Consultants - https://www.millersamuel.com -

[False Positive] Existing Home Sales = Mother Of All Head-Fakes

Ok, while I agree with much of the message delivered here and I have been calling this bump in existing home sales more of a false positive than a sign of reaching the bottom, I must admit I am growing weary of Whitney Tilson [1], the Peter Schiff [2] of real estate.

I am being unfair – you know what they will say before they say it – and that is wearing me out. Or perhaps I am not thrilled about hearing the same message for the next several years while this whole things winds down.

Still, its worth a listen despite the commercials.