We have Interest rates at historic lows and still we have a very weak housing market. I think the government should have let the bottom fall out of this market until buyers are willing to step in. The worst thing they did is buy all the toxic debt. They are still subsidizing short sales foreclosures and loan mods with tax payers money and not allowing the free market to work effectively. With interest rates so low we should be seeing more activity thatn we are currently. That tells me property prices have yo come down where the buyers are.
Get the governement out of the real estate market altogether and then we will see some progress. I think it will be several years before the Real estate market is showing signs of a healthy recovery.
In terms of help... they have not helped do much other than create temporary bumps in activity, so a different kind of help would be needed. The only real help will be overall economic recovery. Since home buying is not a productive economic activity per se, but just moves people around into pre-existing assets for the most part, it is not really the full help you probably are asking about. Our economy needs to improve as a whole.
It just creates another layer of fake equity / inflating the price of the house anyway. Think about it.
The guy next to you just bought a house with $8.
You put your house up for sale today. To move it, you may have to give the buyer a $8,000 reduction in price...
Work. Earn it Buy it.
Selling - don't be greedy
Talk the agent's commission down ):