Reply #19: But I thought Bush keeps telling us the economy is good?

[conflictgirl]

:crazy:

I can tell the housing market is doing bad everywhere. My sister-in-law in the Dallas area has had her house on the market for four months and counting, and still hasn't had any buyers. And she doesn't even have a McMansion, just a fairly moderately priced older family home. And around here, Michigan in general has a crappy economy but in the neighborhood where I own my house, the real estate market has done pretty well as compared to other nearby areas. One of our neighbors down the street has had their house on the market since late April, and hasn't even had many people coming to view it. It's a four-bedroom, which is pretty unusual around here, at a fair price and seems to be in good condition. Even two years ago when we were house shopping, four-bedroom houses in this area were always sold within a month or so. I'm not planning to sell our house, but if my husband's unemployment stretches on too long it might become necessary. I'm watching the real estate market in my neighborhood in case that has to happen, and things don't look good. I feel bad for the people who weren't even over their heads with ridiculously huge houses and still have to move because they can't afford their house anymore, and just can't sell. There are going to be a whole lot more people in that boat soon, I think.