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CNN covered the housing market this morning. (It ended on a hopeful note, of course. They might lower interest rates this fall - great news for buyers and sellers!)
One thing they mentioned...a lot of local governments are setting up funds to help people in danger of foreclosure.
Which is what Wall St. Journal Reports predicted three years ago. They had an episode that was basically devoted to peak oil (though they didn't say it that way). Their talking heads predicted that high gas prices would cause the value of suburban real estate to plummet...and predicted the politicians would not be able to resist the pressure to provide mortgage bailouts.
Leanan, great pic you posted of Florida. Thanks for all that you do.