While some are calling a "bottom" to residential real estate, others are not so sure. Here is a sober analysis from Barry Sternlight, CEO Starwood Capital. He sees residential nearing a bottom while commercial real estate still has some trouble ahead.
Here was his interview on CNBC earlier today...
Follow this link to The View from the Bridge
Take a look at my blog, The View from the Bridge, and watch Jim Cramer of CNBC's Mad Money and TheStreet.com call the bottom of the housing market.
He points to "Pending Sales" data and says he is going to be a BUYER!
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