2009-05-18blogspot.com

"Evidence is mounting that when home prices tumble by more than 50 percent and the Fed keeps mortgage rates at freakishly low levels, people will buy houses. This report from the LA Times talks of a resurgence in home buying where prices have fallen the furthest."



Comments:

bgamall at 22:05 2009-05-19 said:
I believe that it is a dead cat bounce. I don't see much appreciation and possible further decline in Phoenix. Permalink

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