Gas Prices Affect the Economy

In my opinion, this is have a big affect the real estate market.

It's simple math, the more we spend on Gas, the less we have to spend on other things.

If you stop putting Gas in your car, it stops moving.

If you stop paying your mortgage, you get to stay there for a couple years.

A Recent Interview with Prof. Robert Shiller, Creator of the Case-Shiller Housing Index

This is one of the Ultimate Authorities on our National Housing Market.
Speaking on the National RE Market, Consumer Confidence, Political Policies and much more.

"Supply and Demands" and it's affect on Prices

I don't want to get too excited quite yet.

This slight upward trend is most likely an affect of the recent Assembly Bill 284.

Though it's nice to see a positive movement in the market,

we'll have to watch and see what happens next.

Do we learn from our mistakes?

 

I have mixed emotions about this issue.

On one hand, I am anxious for the real estate market to be in recovery.  On the other,

lower lending standards was a big part of causing the problem in the first place.