Comment by William Fowler on December 4, 2009 at 2:09pm

This is a big suprise to me but there are other factors outside Auto sales and Financing that have me greatly concerned on where this overall market is going.
Reference: http://www.realtytrac.com/contentmanagement/realtytraclibrary.aspx?... (Copy and insert in your web browser to bring up the articles)

10.16.2009
Option ARMs: The New Foreclosure Menace

10.21.2009
Job Losses Foreshadow More Foreclosures Deals, Risk

On top of this we have more uncertainty in the overall financing market and when you couple this trend to the possible short sale trend it leaves me totally confused in which direction this market is going.

10.30.2009
Are Short Sales Really the Next BIG THING?

12.03.2009
Low Rates & Court Cases Spur Foreclosure Demand

My gut tells me where going to hit a second down turn by the end of the year, but with what is going on in the foreclosure market it may be shorter than I originally thought. Maybe a year down turn instead of two years.

Bill Fowler

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