Yes, the RE market has sucked rather royally of late. But according to Kenneth Harney, WaPo RE Columnist who has been doing this longer than I've been alive, it's just a cycle and we'll be OK in 2008:
Read it here:
There's Reason For Hope Next Year
Over and out!
"Even through the grimmest headlines of 2007, there were a number ofSounds good to me! I hope he's right!
positive underlying economic forces propping up real estate and keeping
it from a true bust. If those forces continue, they should help cut the
time needed for the correction cycle to bottom out and the inevitable
recovery cycle to begin."
Read it here:
There's Reason For Hope Next Year
Over and out!
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