[onewhippedpuppy]

Originally Posted by Jims5543

In the last 6 months, I have seen a trend of 4 out of 10 homes sold belong to banks go to 6 out of 10.

The word short sale is on everyones mouths around here and to be honest, I am seeing investors buying up houses again for the first time in probably 2-3 years now.

A house around here that went for 250-300K two to three years ago is not fetching in the 100K range.

Its very interesting to watch.

That's just so weird. We've had several houses sell in our small neighborhood this year, only a few months on the market, and for good prices. Foreclosures are still pretty rare. I know that the crisis is real, but it's like two different worlds.

Of course, decades of 6% appreciation doesn't lead to any housing bubbles to pop.