Agreed, things were selling 10%+ -20%+ before the Jobs report.
It would be interesting to see if summer pop ( Dec 2011 – Apr 2012) can be sustained say till Greek Elections aftermath(Jun17th so forth).
These days, house buying has become like a stock picking.
Case 1: QE3 -1T/2T ; prices continue rising.
Case 2: No QE3;stocks down; interest rates up; house price down; gold down
Case 3: QE3 + Euro breakup
Case 4: No QE3 + Euro Breakup
Case 5: QE3 + Euro breakup + ECB QE with left over states
..
.
.
Case N: Everything crash ; Japanese and we are out of misery on housing for next few generations.
