[quote=schizo2buyORnot]No words necessary here. Read the headlines. Fed funds to 0%. Fed to buy mortgage back securities which will bring the spreads in line and allow people to get 30 yr fixed mortgages for under 4% in the next 2-3 months. The bottom is here or near. A single family home in a decent neighborhood will in San Diego will cost more in August of 09 than it does now.[/quote]