This post first appeared on my Intown Atlanta Real Estate Examiner page... John Mauldin is the most interesting and circumspect  financial writer that I read. I've written about his opinions and his free weekly newsletters before. This week's Outside The Box is on point, and right on the money for today's buyers and sellers. Yes, all real estate is local. But, when I wrote about the Lakewood to Buckhead Butterfly Effect before, I meant it... John offers "financial intelligence for the informed investor" for free. Here's a few pieces of "A Closer Look at the Second Leg Down in Housing..." "In my analysis, price stands out as being the prime mover of the next leg down. "Home prices remain too high." "One of the things that Markets are best at is price discovery - the determination of a price for a specific item through basic supply and demand factors. Without the heavy hand of the government intervening, the residential real estate market is about to experience what … [Read more...]