So much depends on your market. I know in the Bay area and Southern California values are climbing past the average wage earners ability to qualify for let alone afford to purchase. Interest rates are beginning to tick up and if Bernake starts tightening the purse strings it could impact the market in our geographical sphere of influence.
That stated more inventory is starting to surface as once underwater homeowners are beginning to get their heads above water and starting to list their properties. I think the overall market looking forward bares some concern but as far as I'm concerned we've got to just keep on keeping on. There's really nothing else we can do about it.... more