i go out of town for a week and CAR buys a house!!!! Congrats, welcome to the dark side, we have cookies. Can we officially declare this the bottom? Walter, CAR, JP, Rich, are there anymore old school bears left? CNBC’s slide show today was about which towns have rebounded the most and Diana Olick’s report today was about how short sales now outnumber repo’s for closings. Warren Buffet said he would buy as many SFR’s as he could right now. The data is changing, however national data is nothing compared to my favorite barometer, piggs. If I were the NAR, I would find a way to use this site as my supportive data, using a timeline of quotes, placing dates next to them and then the date the person bought. I’ve never been nervous about my decision to re-enter the world of home ownership, but after seeing some of the last big dogs get off the porch, my confidence level on a scale of 1 to 10 is at about 100 right now. I think order has been restored to the universe and the circle of life is complete. Now what will be next bubble and how do we avoid it together?
