[daepp]

"Newly created..." I suppose was poor choice of words. I was referring to anecdotal stories of business associates and friends who have family members who are, for the first time, are able to purchase a home.

I do like to talk with people - esp. the day-to-day average guys I come in contact with. Like the truck driver who delivers to our office - he knows he has my ear once in a while, and was explaining to me how he was now able to buy in the neighborhood he wanted to raise his kids/school them in. Purely anecdotal I know. Also, FWIW, I'm told 80% of the foreclosure homes going to auction on Saturdays around here (local convention centers, hotels are all hosting them) are selling. There's apparently no lack of buyers.

That said, I'd hate to have to move if I'd purchased in the last 24 months!