In my inbox today

REALTOR Magazine-Daily News-Housing Analysts Predict the Bottom Is Near
In this article, the consensus is that we've not hit bottom yet, but should by the end of 2009 or beginning of 2010.

REALTOR Magazine-Daily News-Senate Defeats Mortgage Cramdown Bill
On the surface, this is a blow for folks facing foreclosure and/or bankruptcy. However, in my humble opinion, it was going to have not so fair consequences for those homeowners who ARE making payments on their committments. Consider how a cramdown will actually lower property values long-term and then more homeowners can end up upside-down in mortgages, leading to more foreclosures, yada yada. Also consider the bond market where even small investors, like you and me, are affected because the bond we bought is de-valued because the property is artificially de-valued--where did my savings go?