Bill W.

Catching the Next Bubble

As a follow-up....housing is in a deflationly spiral right now, what with all the money the fed is injecting into our economy, I would'nt be surprized if housing was not in an inflationly spiral again, in 2009.

Catching the Next Bubble

You said: "In my personal situation, my wife and I don't currently own a home, and I'm looking at 2009 as a time that we might start looking for a house."

I don't see any reason to wait until 2009 to buy a house. Last week my son, called and said that a house across the street from him has just gone on the market for 64k, a house that 3 years ago sold for 200k. The deals are out there right now, no need to wait.

Respectfully,

Bill W.