i dont really believe people generally are scared. Other than me. the thing I hear from ordinary people is that now is a great time to buy. People are in shock that I don’t already have a mortgage and look at me like I’mc razy for not buying immediately. I don’t even see that much negativity in the media, and that if the financing were there, people would jump on housing. I am not one to shy away from a gamble, I understand going against the flow, I’ve even sometimes made a bit of money doing just that, but i don’t think buying a house right now is going against the flow. i think people still want to flow that way. and i think it’s not really about buying at the bottom, it’s about not immediately being underwater because it limits the ability to move. maybe this is the time to buy, maybe this is the “blood on the streets” that signifies the time when the brave step upa dn the fearful step aside. .
