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2 Comments on 10 Market Facts for Uncertain Times (PowerPoint Slides)
Terrific information, Josh - #7 may be the most important of all. When median home prices match up well to median incomes, and rates are at historic lows - that bodes well for home ownership.
If the economy continues to build momentum, and if the jobless rate declines jsut a little, we could see substantial recovery in the housing market. We will still have the problem of a half generation of people with incomes to support a home move up, but negative equity has frozen them to their current homes.