[quote=Nor-LA-SD-guy]
So how many of you out there are just really really confused at this point,

Now from what I understand home prices increased last month, but at the same time defaults at record levels, foreclosures at record levels !!!

But then people complain of lack of inventory, bidding wars etc…
Banks and Tech beating earning etc…

So WTF is going on !!!

OK I need to take a pill or go to the beach or something.

[/quote]

What’s going on is that now, we are seeing a false rally in prices/sales, but many of NODs will become foreclosures within a year….and then sh*t will hit the fan.