User 201843

What Happens When Builders Fail [Housing Tracker]

Anyone who would think of going into this RE market would indeed be mad. Best to let the dust settle first. There will be plenty of time to and choice out there over the next two years at least!
For quite a while to come it is going to be a buyers "hard ball" market. The banks, the Govt and the Fed have the short end of the stick now and they would love to dump what is in the pipeline onto someone else ... prices will come down MUCH More.
Don't fall for it.
Better to buy in a riseing market that trying to "catch a falling knife". Buyer Beware

Homebuilders Likely Have Further to Fall

The truth at last. Folks this is someone that is telling it like it should be said. The banks and their shareholders should take a hit here! Not the Tax Payer.
Stay away from Real Estate for about a year and a half... it is not going to be healthy for people to do otherwise.