Paper Economy – A US Real Estate Bubble Blog: Radar Watching: Feder’s Bearish Outlook

I want to highlight the following video bit from Bloomberg (hat tip TMTGSM who originally posted this yesterday) whereby Michael Feder, CEO of Radar Logic, gives what I believe to be possibly the most important piece of macro guidance I have seen this year indicating that real estate activity post-tax gimmick is the “lowest activity in years through the peak season” and that “we may see the bottom fall out”.

via Paper Economy – A US Real Estate Bubble Blog: Radar Watching: Feder’s Bearish Outlook.

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