Also the number of houses on "your block" with FOR SALE signs is a good indicator..... If you want to know the condition of the real estate market...just look around you. No experts required!
Is it just me....or are there really more houses for sale "per block" than before..... More signs mean lower prices eventually, as sellers become "motiviated."
The smart money may be cashing in their real estate chips now! After all, can high rates REALLY be "OK" for housing....especially post-bubble housing?
