While it is true that Case is speaking about the market in general, that still does not translate into the avg. buyers mind in this area. Many people are antsy and not as savvy as the avg. pigg. They see low rates and some media attention that the market has bottomed out (i.e. Tonight’s Nightly Biz report on PBS) and they start asking parents to borrow the 50k deposit needed to get a place. Is it not true that you are hearing a lot more people talk about getting into the market. I know I am. For me thats a good thing, I don’t deny that I am all for a prolonged flat period or even an increase, but I understand that being a bummer for those who have been waiting for a larger drop.
