VIDEO: Lending Holding Back Housing Boom

As far as MR  Millers views go I would totally disgree although I believe that prices may stagnant for quit some time we have not yet experienced a really really large drop in the prices of houses in most areas of the country’ when compared to the enormous increases that had taken place from early 2000’s to mid 2000’s’ although I believe it could be more than ten years before the housing market returns to what would be considered normal. Also keep in mind that areas like the southwest and florida are great places to now buy a summer home because of all the empty condos and houses. Population in these areas is growing much faster than other areas of the country especially in the souhwest. Also these areas will now be much more attractive places for americans and international investors to invest  in or buy a summer home at a great price.