[quote=CA renter] This was ALWAYS about saving the banks, and that job is done. Now, they will pull the plug, and allow the deflation to happen, IMHO.[/quote]

Exactly. Though it will be interesting to see them tighten underwriting with the numbers scraping the bottom of the barrel now. New home sales are down 13% from Dec and almost 19% from last January. Throw down payments and higher interest rates on top of those numbers. hmm