When is low low enough?

Providing that the new health care bill and all the additional government spending doesn't completely sink the economy. I think we can expect to see an increase in the number sales, price stabilization, less declining pockets and incfreases in the first-time-homebuyers price range. Also, look for a reduced number of Realtors getting out of the industry because they can't afford the taxes, marketing and the mandatory health payments for health insurance. We're seeing builders/sellers managing their own properties because the banks don't want to take back homes that have little or no equity in them. Buyers will continue to get to the lowest possible price even though the price in many cases is at the lowest! Grab on now, while the interest rates are still at an all time low and the deals are still there for the smart, saavy buyers. www.jamieboone.com Jamie