“My guess is the mass amounts of foreclosures will be picked up very soon due to money being quite cheap”
Yea I am starting to think there has been very few voluntary home sales probably for the last 6 months at least, at some point all or most all the good foreclosures will be picked up (although this may be awhile yet), then you will actually have to pay someone enough to make them want to sell to you (I know a weird concept on this board). At that point I think there could be a sizable spike in average price in the T.V. area (say 50 – 75K, just a guess)