evergreen16

Housing Is Bottoming, Along with the Economy

I personally find this green pessimist (Radardoc) from Merced, Ca, quite annoying.
Get over it, brother. Your view out of the window may be desolate, but if you have no idea what's going on in the entire country, please, do not disturb when adults are talking.

Las Vegas Homeowners Lose Their Bets as Home Prices Fall

You just said that it 'stinks' for homeowners, but then you say it's a good opportunity for homeowner - so which is it? As you can see, homeowners are suffering. No opportunity here. And because prices are falling, no renter will jump in until prices stabilize (read: bottom out), because they don't want to loose money. Read up on Deflation, please.