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.

Housing: The Ship Is Turning

All these Nay-Sayers are just refusing to follow the latest developments. Situation have changed. You need to look at the numbers. Surprisingly, Sacramento, CA is running out of houses for sale, and that is a real shocker. Consumer confidence is quickly rising. Banks are making money. Yep, the times have really changed.

Home Inventories Soaring? Not Exactly

Here is also something to consider. I hear people whine about high RE prices. Consider for example prices in Europe, even the 'cheap' easter Europe. Prices of houses in small towns there are higher than comparable properties in metro area of Seattle, Chicago, Denver... Now, where would you rather live?

This Can't Be Helping Real Estate

4.33, that is an awesome deal, something to celebrate. But beware, soon the rates will go up and you will have to refinance to something like the 6.5 mentioned above...