Yes, the housing market has been bad for awhile, I know. But I honestly believe we have bottomed. What does that mean? Well, it means that home prices have stopped going down. There has been an awful lot of depreciation over the last year or so when it comes to the values of our homes. It has been dreadful and down right depressing. The economy has suffered, and the housing market has been one of the biggest causes. I don’t think our home values are starting to appreciate just yet, but I do believe the worst is behind us. Even if we see a flat lining effect for a little while, it will be better than more drops in home values. Once we have seen the stabilizing effect for a few months, confidence could begin to be restored. If consumers feel better about things, they could, in turn, start spending a little more. Then we may see the whole economy improving. Once again, the housing market could be an instrumental part of it.
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