ECASU

There has been recent new and data that would suggest that we are moving out of the housing slump. So long as banks are taking less then what is owed to them by the owners we are not out of the woods yet.  There are going to be some great deals out there. But if the bank is taking it with house going for less that is still going to keep housing values down. If your neighbors house sells for a bunch less, that means your house is not going to sell for as much just based on averages. Don't look for a rmortgage refinance boom anytime soon.