Current uptick is only “a dead cat bounce”

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Noah Rosenblatt, founder of the blog UrbanDigs.com, and a real estate agent with Halstead Property, was one of the first to predict the current New York City housing downturn. As a former equities trader, he’s known for his ability to interpret macro economic trends and their impact on the real estate market in New York City. Click above to listen in as Real Deal reporter Candace Taylor talks to Rosenblatt about how long the downturn will last and whether the stimulus package will help.