There is not as much new news about the housing market in the papers as before. I don't know if this is a good or bad thing. The focus of those selling newspaper has shifted - they pretty much played the housing crisis to death! Now they are on to the next news story to sell papers. But to stay on topic,
I think the housing market has stabilized for the moment. Having read through and contributed to this post, I see there are a lot of differing opinions, valid on both sides (up vs down), but on the whole, the posts seem to point to most posters favoring housing will continue to trend lower. The few real estate people I have talked to say the inventory of unsold homes is decreasing indicating the trend will start to point up. I have also been told there are fewer foreclosures on the market and the general sense of "urgency" has passed, especially for foreclosures in The Villages. Perhaps we are just bouncing along the bottom or are we in for more bad news? The final test, are prices of sold homes higher or lower than last year at this time or are we seeing a turn around?? That is the tough one. The 64,000 dollar question. Does anyone have recent stats??
So what do you think Boomer or l2ridehd??
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