Getting Graphic is a semi-sort-of-irregular collection of our favorite BIG real estate-related chart(s).
Barry Ritholtz , who runs one of the best and most essential econ blogs out there: Big Picture, has a hilarious post (ok, more like humorous to people not excited about numbers in general).
The chart pokes fun at the trade group, National Association of Home Builders’ suggestion that sentiment has leveled off and we have bottomed out.
When you see the way Barry has presented it, common sense tells you there is a high probability that its like a Seinfeld episode (translation: its about nothing).
Incidentally, this seems to correlate with speculation that national inventory has leveled off and builders stocks have begun to rise as there is an assumption that the worst is behind us.