User 251199

What the Homebuilders Are Telling Us

Realizing everyone has stated valid points, heres another aspect to ponder...
The Internet. People are now able to use the interent to search rates, new mortgage programs, stocks etc...
With that said i believe the internet is large contributing factor to our current "crisis". People are realizing that they can navigate their way through various internet sites, getting the "raw" truth about our current and what programs are available.
I believe when the market stablizes we will see numbers drop by atleast 1/3. Refer to the book Freakeconomics, by S. Levitt. Makes sense.