Don't Look for Robust Real Estate Until 2009

There's a big real estate shin-dig going on down in Florida. The chief economists of Freddie and Fannie are not the most optimistic of guys... Read real estate gloom here. I'd have to say that Northaft and Berson are not by any means the Kool-Aid drinkers that a guy like the NAR's David Liar... err, Lereah is, but they still have jobs they need to keep. 2009 might be overly optimistic.