Home › Forums › Housing › Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. › paramount wrote:In most
[quote=paramount]In most markets people are still lining up to buy REO’s – things can’t be that bad.
easy to get $$ + Overpopulation + extreme greed = high demand for housing
The bubble has not fully deflated.[/quote]
Unemployment is the wild card. Will see how that goes over the next 2-3 years.
