quick turn around

Wasn't it just yesterday that we were being bombarded with endless gloom and doom stories from the media about the bubble the bust the crash of the real estate market.
Well suddenly there's sunshine, from the Wall Street Journal Online

Is the Worst Over for the Housing Bust?
Economists Say 'Yes' in New WSJ.com Survey
But Their Views on Home Prices Vary Wildly
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'The worst of the housing bust is over, economists said by nearly 2-to-1 in the latest WSJ.com economic forecasting survey. But they still predict that the average selling price of a house will fall next year.'
"We're nearing the end of the slowdown for most markets," said Ethan S. Harris at Lehman Brothers.
Richard DeKaser, an economist at National City Corp., a big mortgage provider, said he thinks the worst is over. "We're starting to see inventories topping out and possible declining," he said.
Allen Sinai, at Decision Economics Inc., believes the worst of the bust is over, but he feels housing remains a big risk to the economy.
How does this big ship turn around so quickly. Makes you wonder. Or is it that it was just never so, and David Lereah had it pegged from the beginning, in which case a lot of us owe Mr. Lereah an apology, he took all that poo-pooing with such good humor.
Or is it that the media just needs a new angle, because the gloom and doom angle has been worn thin, it's just not selling news anymore. So they dig up a bunch of economists who'll put a fresh spin on the situation. But where were these guys a month ago. Stay tuned.