Paramount, please point the posts that said real estate is going to come roaring back. I know sdrealtor posted that he believes there will be increased sales in the spring but I don’t think he used the terms roaring back.
I know it may be disappointing for some that things don’t fall directly off a cliff. Once more I will say secular cycles don’t go in one direction all the time. The secular cycle is still down so why is there so much distress about a rally caused by subsidizing purchasing power? I know it hurts to see San Diego county notices of default and trustee sales decline rapidly over the past 2 months but it is a fact. So instead of turning away from it, to me acknowledging the facts and recognizing them for what they are is more logical of an approach isn’t it?
Don’t worry, real estate will come down, while it comes down there will be cyclical rallies and cyclical dumps. That is pretty much the way things work.
Please post the threads about real estate roaring back, as I would really like to see them.
