7 Reasons Why The Housing Market Hasn't Hit Bottom

08/20/2009 05:12 am ET | Updated May 25, 2011

On Saturday, I posted this chart and wondered why "Some people were calling for a housing bottom." That generated a ton of emails asking about for further clarification.

The people I referred to were the usual happy talk TV suspects (i.e., Cramer) who have been perpetually wrong about Housing for nigh on 3 years. I not only disagree with them, but don't respect their opinion -- essentially headline reading gut instinct big-money-losers. No thanks.

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