cool article: http://money.cnn.com/2007/06/19/real_estate/housing_rebound.moneymag/index.htm?postversion=2007061910
Yeah, it reflecting what is going on. No “Sold” signs anywhere. At least, I didn’t see them.
I don;t think there is going to be a bottom. I thin kwe are facing the Great Depression II soon!
It is kind of very dark overcast but well… Greenspan saved US from 3 crises. I don’t think that current FED could do the same. But I still hope that depression will be avoided.