re: #264 acwgusa
These home sales are most likely the houses that were foreclosed on, and were selling for a song, and are not indicative of true home sales.
Probably. I know I bought one as an investment property. Even so the bigger issue is that buyers (speculators and/ or investors and/ or those that plan to live there) are out BUYING them, meaning that they are getting LOANS, meaning the banks are LENDING.