glad to see this forum lasting as long as it has, keep up the posts and articles.... were not near any kind of bottom yet.
how am i ruining this discussion ? by proving with actual documentation that these are just plateau's on a downward spiral ! come on now "the proof is in the pudding". peace, bgp
Excerpt from an article on today's Fed Statement: In its statement explaining its actions, the Fed said, "Recent indicators have suggested somewhat firmer economic growth and some tentative signs of stabilization have appeared in the housing market." SM
the fed said that last fall too. its like me saying "the s&p might have topped " . i might have said that ! but it keeps going . bgp
Whats the forecasted appreciation rate this year? Full year 2006 median home price rose a meager 1%. Whats the rate for 2007?
Well, good news all around. I read somewhere that the RE market correction is over and we are now entering a phase of re-pricing.
BGP, This could go on forever. Since you're a friend, I'm willing to give you a discount on the amount that you should can me to take your house off your hands. Just throw out a reasonable offer and we can dicker from there. SM