I think the housing market will rebound when buyers think its the best time to buy.  So if the press would stop scaring them with exaggerated stories.  Why do they go out and find the worst possible example of my house was worth X and now its worth Y. 

Kim,

This so-called stimulus program is more political posturing than anything else and just adds to our huge budget deficit a chunk of money. Besides, it's too late to make much of a difference because the system is already working to correct past mistakes.

I think we're going to have a hard time with buyers being able to come up with the downpayments required, even for lower value homes. I don't have a lot of faith in this stimulus package. I agree with Esko, I think it is a lot of political posturing. But, I'm always hoping for the best.