Is the housing market going up??

Question

Maybe someone who does real estate can answer this. We are looking to buy in january. However, it seems like more houses are going off the market and the newly listed houses seem to be over prices compared to the others. Then again it might just be me seeing that way out of fear that it is going to shoot up right before we buy a house. I know Bush passed that bill, so are people pricing things higher again?? Thanks

Answer 1

Still going down most places.  There are some exceptions but they are few and far between.

Answer 2

It all depends on where you live but I doubt you'll see any significant increase in price anywhere in the country prior to Jaunuary.

Answer 3

The next six months will see the housing market continue to drop. After that there will be a slow recovery. I saw that on a business show the other day.