Are real estate markets as bad as we’re being led to believe?
No, according to a just released post on the Wall Street Journal Blog.
Some markets like Fayetteville, N.C. are actually going up instead of down.
Real estate is local.
It is town by town, neighborhood by neighborhood.
Note:Stan Humphries, Zillow’s vice president of data and analytics, says we probably won’t see the bottom until 2010.