[durasell]

I wonder if the housing market will go down like the tech sector did


It'll be a much slower decline. Probably take 18 months to 2 years.

[A CA Guy]

I have heard there is an expectant rise in foreclosures to 1800%. That happened almost to that level twice since the 80s. This being the fastest largest rise, I expect to see the most drastic fall.

I guess the banks are happy about the new bankruptcy law changes.
I also feel bad for those with short term interest only loans.