It's slow, slower and slowest out there. Scary slow! Dead. So we are fixing the banking and credit mess...but Main Street is still a mess. Housing has to improve and if it does then everything else does! I say forget about trying to stop foreclosures, and focus on the demand side of the equation! Get buyers to buy! If we can get the balance back, then foreclosures and short-sales are minimized anyway. LOWER THE DANG MORTGAGE INTEREST RATES ALREADY! Prices can't fall anymore-prices have to stablize. That will only happen when the demand is back. I've heard people not wanting to buy because they think prices will fall further, and they are afraid. That is a bunch of crap! You are supposed to be buying real estate for the long haul anyway, not because you think it will appreciate 20% every year. It's an investment yes, but its not liquid and its not the stock market. Get over it!
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