Downturn needs more time

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Mark Fleming, chief economist at First American Core Logic, gives a reading on where we are in this housing cycle. In this January 2008 interview, Fleming says foreclosure trends will signal the first signs of a turnaround, and so far they hadn’t let up. Like many others, Fleming doesn’t see the downturn reversing any time this year.