I'm not talking about going up 1%, 2% or 5%, I think this market is F-ed for a long time. High unemployment rate, high under employment rate, so many foreclosures, young people aren't even close to having 20% to put down, wages aren't going up unless you are a government worker. Banks aren't lending, banks aren't doing re-fi's. Tons of supply out there, they way over built.
Look at all of the squatters out there. I just can't see this mess clearing up in the next 3-5 years and it's already been 5 years. I'm not saying prices will continue to go down but I just can't see any meaningful gains in the next few years.