Unfortunately, “those who can” are a small group. Cash for downpayment and financing are hard to come by.[/quote]
The group isnt as small as you think and the things for them to move up to isnt big either. Its all well on its way to balancing out nicely. Its funny because yesterday i walked into an open house and the realtor was the biggest pollyanna around during the bubble. Now she is a complete doomist and cant see the forest for the trees. She is one of the biggest producers in my area and I am always amazed that she had the best possible seat with 20 to 40 listings around her at all times. didnt see it coming and now doesnt see it going.
