I don't think so! If you research where the Tampa Bay housing market was at just a me-er 2 years ago you will see that we were in the top 5 cities with the highest rate of foreclosures and now we are No.9! I know it's not much but at least we are moving in the right direction! I see home prices slowly but steadily starting to rise. 

      It's becoming very frustrating for my clients and I, when we go see a home and put an offer in on it after thinking about it for a day or two, to find out there is already a pending contract on their dream home by an out of state investor! Very disappointing :(  it never gets easier telling 1st time home buyers that they've been out bid by a lower cash offer. Who are the banks really out to help? Themselves obviously!

     What about short sales? In our current day and age short sales take an average of  3-12 months, but they(the banks) say that the short sale process will begin to close in a somewhat reasonable time frame. Will that time frame be in our life time? I think not! Because anything longer than 3 months increases the probability of failure.

The day that banks  care about they're clients is the day the government tells us the truth about everything!