[kublia khan]

Deceptive article or not, Geezer or not the housing market is slowing dramatically. I live in a very hot market area and there is 30% more inventory on the market now than at the same time last year and housing starts are not up. Current energy prices are affecting many of the hot market areas because they were commuter driven markets.

[billhilly]

I'm in the same market, if you are referring to Northern Virginia, but you also have to be aware that we have just been in the slowest period of the year for home sales. That said, the market has slowed. Consumer confidence, jobs, and the economy should revive it by springtime. The country has taken a lot of licks, many of which have been inflicted upon us by our out of power politicians in their efforts to return to power. The media have accomodated them by painting as bleak a picture as possible, yet the facts outweigh the nay sayers.

[B4Ranch]

What are the foreclosure numbers in your area? I'm looking for a vacation home and I sure wouldn't mind buying one a 75% of the value.