NEW YORK (Real Money) -- I am inundated daily with calls from clients and associates who tell me that another analyst or pundit is cheering the housing rebound. They follow up by asking me whether or not I have changed my negative opinion of the sector. I have not. However, I will approach the subject again from another tack that I hope provides some clarity.The most important issues to consider are:
- How many foreclosures have there been?
- How many more will there be?
- What do the banks plan to do with them?