House For Sale - Reduced But Not Desperate

The crushed housing market wiped out the economy.

Contrary to MSNBC spin the housing market has not hit bottom, recovered, is getting better, or turning around.

There can be no real housing market while jobs are wiped out, incomes are dropping, and banking is defensive.  Period.

Sellers that want out are taking 50% hits and short sale capitulation. 

Reduced But Not Stupid Or Desperate.  Wanna bet?

The most pathetic bunch are the For Sale By Owners crowd.  Selling your own house is tantamount to doing brain surgery on yourself or being your own attorney in a murder trial.  It may be tempting but it's suicide.

The dream of owning a home has been wiped out.  Younger entry homeowners are a thing of the past.  Twenty-somethings are living with their parents, or worse, renting with ten others like them ten years after college.  Sad.

Don't kid yourself - there is no housing market while Obama is in charge.  If you MUST sell turn it over to a pro and figure out how you are gonna take less - a LOT less.