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5. For the first time in months, the market has declined (correctly, in our minds) in response to the fact that people do not have jobs.

4. Mortgage rates are near historic lows.  Keep in mind there’s a lot more to the decision of whether or not to buy a home than mortgage rates.

3. In breaking news, people like to buy things that are cheap even if they are not the best thing out there.

2. Good advice from cartoon characters.

1. As evidenced by this mall’s plight and many other like it across the country, commercial real estate is struggling.

This entry was posted on Thursday, May 21st, 2009 at 8:47 am and is filed under Mortgages. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.