I just put a lot in NH under contract and yes, it is a buyers market
Unfortunately I'll feel the pain when the house in ME sells but the rates are amazing right now.
For those that are gullible to think the CRA has anything to do with the housing implosion, you need to understand credit default swaps and mortgage bundling. The CRA has been around since 1977.....
If you don't understand what this video is about you have no business discussing the bank liquidity crisis which was basis for the Fall 2008 economic implosion:
http://m.youtube.com/results?q=timbe...?v=whlzFWwVv98