Thursday, January 22, 2009

Chicago Real Estate. Will Housing Market Bottom in 2009?

I sat down at my computer this afternoon and a page was open on the screen with the headline 'Housing will Bottom June 30, 2009' or so says (said) Jim Cramer in NEW YORK. The problem with this statement by Cramer as recalled on January 22, 2009, is that Cramer made the statement on September 8, 2009. That was before the fall of AIG and Lehmann Bros. and promises of bailouts by the government. He predicted that before the stock market dropped to below 8000. I wonder if he has changed his mind about that. Let me know.



I certainly hope Jim Cramer is correct. It would be great if the market turned around in 2009!Just in case he is right, perhaps we should all start investing in the real estate market starting now. Contact me. I can help you find a good deal.


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