Arizona has big potential for over-correction of home prices

by John Wake on January 9, 2009

“Some of the biggest potential overshooting in home prices on the way down is in states such as Arizona and Florida…””

Economist Karl Case of Case-Shiller Housing Price Index fame.

{ 3 comments… read them below or add one }

1

Dru Bloomfield 01.10.09 at 3:11 pm

It seems like we may be seeing some of this already, especially in the lower price ranges.

2

Shift 01.11.09 at 12:58 pm

An over-correction represents a HUGE opportunity. Just need magic-plot of where the bottom is.

3

Dave 01.12.09 at 12:10 pm

So where do I find the magic plot?

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