I made a prediction after the election that the real estate market would pick up the day after the Obama was inaugurated.

After the election and before the inauguration I thought the press was very negative on the economy.

My thinking would be that as soon as Obama was elected, they would want the economy to turn around so they would start reporting good news rather than bad news.  Obviously, I was wrong. 

All you have to do is look at the headlines over the last several days where it talks about the economy to worsen, unemployment going up, real estate prices dropping and large inventory of homes available – one bad thing after the other.

I really do not understand this because I really felt like it would turn around.  Maybe it will soon; there is a lot of confusion as to how much stimulus is in the stimulus package – it seems to be more “pork” than stimulus in my personal opinion. 

I think there are some great ways to stimulate housing.

The real estate market will turn around, but in the meantime there are some great buys out there for people who are willing to purchase at this time.