For those who have been waiting to time the housing market rebound, Paulson issued a prediction about prices today.  According to a report on the CNBC network, the hedge fund manager predicted a V-shaped recovery in housing that could see prices increase 3% to 5% this year and 8% to 12% next year.

        To those who own a primary home and will sell it to buy another home, the bold prediction, if true, doesn’t make a whole lot of difference,

        Of course, like other celebrities in our 15-minutes-of-fame culture, Paulson knows that many people will hang on his advice and follow his lead.  He recently formed a new hedge fund that is betting heavily that housing prices will rebound.  He is no doubt hoping his prediction is a self-fulfilling prophecy.