Potential homebuyers have to understand the ratios of income,rental prices and employment to home prices is still way off. Until these ratios arrive at normal levels home prices are going to continue to plummett and keep in mind as they way overshot on the high side they may shoot through the floor.
2010-2011 is not a realistic time period to see any increase in home prices.
Anthony of FL @ Apr 24, 2009 10:36:48 AM
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