Anyway getting back to the original subject, from what I have been seeing the housing market is getting soft again, But I would tempter my enthusiasm for lower prices. While I do believe that home demand was pushed forward a few months which will make the next few months slower than they would have been other wise by the Tax break, I think that by the end summer if the economy does not completely roll over, home sales will start to pick up again.
But that’s the big “IF”, will the economy stall ???
Will the Fed Gov fail to bail out the states (esp California) so they can bail out their cities before they are forced to declare bankruptcy ???