The video is from xtranormal via Patrick.net.
The last thing we posted in November before
And the latest 'headwind': 30 year fixed mortgage rates have suddenly exploded to 5.19%.
Buyers know that sales are down, the economy still
At this point, however, the majority of Americans know the housing market is weakening and will continue to be a tough road through 2013. It's only sellers, and their reps, who want to believe the 'future is unknown.'
There may be some wiggles and surges, especially seasonally, but essentially, the handwriting is on the proverbial wall: this one, and this one.
Blog note: When 2011 begins, this blog will post on Tuesdays and Thursdays. In the interim, there will be some end-of-year and catch-up posts.
*Thanks very much for reading, checking in, and emailing while the blog was dormant in cyberspace.