We had a bump here in Arizona due to a number of people trying to pick a bottom or just being afraid that they would never have another chance to buy. The FOMC decision to reduce overnight rates probably led most of them to think that we are going straight back to 2005 with 50% annual gains yearly from then on out.
I suspect at the rate we are going someday there will be two really wealthy people in the world and the rest of us will just be their food. ;p
“Lending has transformed into a modern day indentured servitude. Forget your neighbors and buy something that matters, your freedom.” asu666
