[xtinct]

housing is still in trouble...

[FormerACLUmember]

The democrat party is utterly crushing the Greatest Economy on earth.

[central_va]

Population has doubled since then(1963) making that unadjusted stat even more scary.....

[a real Sheila]

How about a tax credit for ALL home buyers?
How about a big tax credit for all who pay off their homes early? Wouldn’t this help with the banks’ cash flow?

[throwback]

And Fannie and Freddie remain alive, and diving deeper still; freezing the housing bubble in a permanent block of amber.

[MrEdd]

Propping up the inflated current values is not going to be possible.

No more than propping up the prices of Comic books in the 90s was possibles after the speculators left the market.

The intrinsic value of a house directly indexes against the population density and the true single person median income.

[illiac]

In our community housing values are down 12 - 17% over a year ago, 30% from 2005. 48% of current sales are foreclosures sold at a reduced price, thus further eroding home values. Sales are nearly flat with only 97 home sales in February - all this in a county of 100,000+ population.

[Texas resident]

I can’t see how this can actually recover until the fedgov gets out of the mortgage business. They took it over in 07 and you can see the results. Add to that the takeover of the auto industry and their drive to take over the medical industry. Down the road when grownups take the govt back, they need to back out of all these industries and leave them alone to make or break.

[Caipirabob]

Housing cannot make a recovery until private sector jobs show a dramatic increase in "permanent" employment.

In short, housing is doomed.

[qwertypie]

Bare land is even worse.

[BP2]

At the end of this month, the Fed will no longer be purchasing Mortgaged-Backed Securities.

They must know something most of the public hasn't quite realized yet ...