Ho-Hum Housing

Ongoing bad news from the real estate area means housing prices could continue to slide.


People are fried from two bubbles imploding on their net wealth. The drive to hunker down and save rather than spend or invest is not helping the stock or real estate markets.

This you know.

But what will it take to get folks to take risk again?

Jobs and the sense of financial security for now and the future.

The reality is that the long-term needs of people hasn't changed. They still need to save for college educations for their kids and their own retirement.