[quote=LittleMissPiggy]”There will ALWAYS be more homes available.”

Do you really think so? There are not many houses on sale in San Diego right now. That “shadow inventory” is so elusive, that I lost hope for it ever showing up in MLS. Rates are not going to be as low for long.
As someone said in another thread people who were scrupulous and did not buy during the bubble are screwed and mad as hell. I see people throwing money like crazy to get in a property now. It feels like we the pigs already lost the waiting game.[/quote]

I’m with SDR on this one- more distress to work through still, more inventory to churn. The economy/housing won’t recover in a straight line,there will be hiccups. With every hiccup, out will come the doomsayers and their I told you the world was gonna end and this was unsustainable diatribes.This will put fear into some-will you be frozen too when your dream house comes up at a decent price?