I believe this market will not begin to correct itself for at least another 5 years. Let's see what needs to be addressed before we can move forward. Foreclosures (both legal & illegal), predatory loans, affordable modifications, class action lawsuits, AG settlements, investor suits against servicers, home owner counter claim suits, revamp Freddie and Fannie, dishonesty of Wall Street, Federal Government, prison terms for those who caused this mess. Did I leave anything/anyone out? Please feel free to let me know.