Gonna be quite a while before homes really gain much value and I'm wondering just how long FHA/HUD can keep up the pace they have set. If FHA turns off the tap, the housing market will really slow to a serious crawl as most loans being done right now are FHA guaranteed. Not much conventional happening unless you come to the table with a fair chunk of cash or have quite a bit of equity.

Gotta love the Feds, FNMA, and FHA HUD as well as AG Cuomo in NY. I made more money this month than I did in 6 months of 2009. However, I'm working 3 times as hard for 60% of the fee. I love it when people "in the know" fix things.