Bargain House prices

House price are ready to drop according to one of the SFO Fed chairman in his last fed speech. Looking into the house price to rent ratio is droping faster, Which means we will see another drop of 10-15% drop in the housing price.Right now most of people across the country are sitting either with zero equity or negative equity on the house prices.Look at this chart you will have better understanding



look for the existing home sales, And comparison of the dot com bubble to the housing one and psych cycles of any investment if goes parabolic in nature rather than pull back and kick back rally.









for more information about the fed speech visit this website :http://www.frbsf.org/news/speeches/2008/charts.pdf