December 8th, 2008

Macbeth the Usurper

Housing Prices

Took a few minutes to look at housing prices today. Compared them to the loan calculator. Very importantly, the loan calculator has now returned to "normal" lending rules. The default is to say, "Hey, for your income, this is the max."

Based on that max, we have a really awful choice of housing. The good news is that everyone else does, too. Prices must still come down. The worse news is that when prices come down, I won't get any seed money from the house.

Sometimes, this all is just frustrating.