After listening to the ever optimistic news media thats all I could think of at the time. You remember 'the sky is falling, the sky is falling. Unsold houses rose for the fifteenth thous-ant month and foreclosures reached an all time high. Give me a break. They forget the price run houses had for the last fifteen years. Like the stock market eventually it has to catch it's breath. I am sure most of the foreclosures were from people who should have never been given loans in the first place. On the other hand this, in my opinion is the time to buy. Like stocks the time to buy is when no one wants them.
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