Is the Rabbit Out of the Hat?

Now isn't that an interesting question? And, "for heavens sake" what does it mean?

More indicators and opinions of so called "guru's" are pointing toward a better future for home sales. Warren Buffet has called a bottom to the stock market. Yeah, but this is about home sales. OK, but it has been shown historically that a bullish stock market also affects increasing home prices. Anyhow, good news, Warren! Also, the economy expanded 2.8 percent during the third quarter. An expanding economy should be beneficial to stabilized and improving home sales, which by the way "existing homes" on a nationwide basis were just reported to have been "up" in October. Could the nationwide home sales market finally be stabilizing?

Ken Rosen, a real estate economist with the Fisher Center for Real Estate, in San Francisco, was interviewed on Nov. 22nd by MarketWatch, and he says, "yes," the real estate market nationwide has stabilized. He attributes this to the Tax Credit for first time home buyers, which has been extended to April 30th of 2010. He believes that after April 30, 2010 job creation in the nation as a whole will help create demand and support home prices, which he believes have stabilized. Rosen is encouraging individuals who want a house as a home to consider buying now. He believes the country is now on a sustainable growth path.