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Originally Posted by tjlazer when the housing market bounces back up (lets just hope it does and fast...) Don't hold your breath, it ain't coming back for a long while.
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#1 (permalink) |
A True Z Fanatic
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Don't hold your breath, it ain't coming back for a long while.
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#2 (permalink) |
A True Z Fanatic
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I second that thought Jon. I always laugh when I hear that things are getting better soon. There are huge inventories of distressed properties that have yet to be processed and to be added to the market (further reducing housing pricing, no one is buying because of job crisis). Those properties combined with the robo-signing issues of the largest lenders plus other government actions will hinder prompt recovery...cheers! this is the new normal for a long time
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