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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (102230)9/20/2009 6:30:07 AM
From: Chas.2 Recommendations  Read Replies (1) | Respond to of 116555
 
I think the Banks along with the Realtors and a good portion of the public are still in Denial and actually think housing values are coming back in the near future...

I agree with your premise of Banks should be selling their foreclosures now rather than waiting for a bottom....

But Hawkmoon also has a good point re Unemployed folks don't buy houses.....

regards