Banks will not lend. Consumers don't trust the banks.
The demand for residential real estate is tiny compared to the supply.
Prices are falling. They will continue to fall.
The Fed can insert monopoly money into the system, but the money goes no-where important because the bankers are the same unenlightened folks who caused the problem in the first place.
The end game is deflation. Be careful and make money in the short term, then sell for the longer term. It generally takes 10 years plus to get out of a deflationary cycle.
