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Conor Clarke

Conor Clarke - Conor Clarke is the editor, with Michael Kinsley, of Creative Capitalism. He was previously a fellow at The Atlantic and an editor at The Guardian. More

Conor Clarke is the editor, with Michael Kinsley, of Creative Capitalism, an economics blog that was recently published in book form by Simon and Schuster. He was previously a fellow at The Atlantic and an editor at The Guardian. He is also on Twitter.

Has the Housing Market Hit Bottom?

By Conor Clarke
May 5 2009, 8:53 AM ET Comment

Sacramento County, California, drank more housing bubble kool-aid than almost anywhere else in the country, and experienced the correspondingly large drop in home prices, spike in foreclosures, and rise in backlog of unsold houses. But now the New York Times says home sales are on the rise, and has the fancy-looking graph to prove it:

sacramento home prices.png

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