Woopdidoo. I'm concerned that the financial idiocy of others with trigger a recession, but that's life. Recession's happen. But as a homeowner, I'm not feeling rattled at all. I live in my home and intend to stay for a while. We bought at a good price. Life is good.
Prices might not turn around for two whole years? Oh the horror. Hell, two years is a blink of an eye. But hey, news writers need to fill all the blank space around the advertisments with something.
My wife and I are talking about moving in a year or two, but we have a lot of equity.