Why Housing May Double Dip

Category: Real Estate / Mar 03, 2011 9:12PM EDT
Since the economic recovery began, the US real estate market has performed poorly compared to other assets. Indeed, while the stock market is almost double its bottom price in March 2009, the real estate market has barely budged from its May 2009 lows. In fact, it may even be double dipping, have peaked in June 2010 and then declining for each of the next six months. There are several reasons for the poor performance of this market.