this thread has comments that are all over – seem inconsistent and don’t make sense to me.

so the dollar will devalue…meaning it will take MORE dollars to buy the same house = prices increase.

houses will go down in price 10-20% = prices go down.

is our real estate market really going to be affected by the global economy? i mean if it does it does.. but mr. and mrs. john doe housebuyers don’t know and don’t care what the global economy is doing. they only know if THEY have a job and what they get paid in relation to what houses are priced at. if the dollar is out of whack wih the euro or yen or whatever – 99% of the public has no clue nor do they care.

so which will impact prices more? the ARMs resetting, foreclosures ,e tc… or the global economy??