Posted by concerned reader, a resident of the Vineyard Hills neighborhood, on Jan 5, 2009 at 12:16 pm
"The buyers are returning," said Lawrence Yun, National Association of Realtors chief economist. "And in such a strong way that now we are hearing in some cases there is multiple bidding, which hints that maybe pricing is reaching a bottom point. But inventory remains high."
HA -- He is paid to say upbeat things about Real Estate, regardless of reality.
Look at what the last guy who had his job now says: