(English) Today’s Talking Point 9/30/09
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I agree, I think there is still some more room to drop in some areas, while others will stay the same. What I don’t expect is an upswing anytime soon, folks need to get used to the idea that this is as good as it gets for now
The government may have a lot to do with the direction of prices. If they replace the current 8,000 first time home buyer program with a NAR backed proposal of a 15,000 credit to all buyer’s, I feel confident there will be no price slide.