One day the housing market is toast, the next it's on the verge of a rebound.

Construction in these areas will probably rebound to the fourth quarter as infrustructure projects begin to stimulate these local economies.

Market rents will (continue to) decrease as:- National wages decrease due to unemployment and potential deflation;- Banks start selling off commercial assets sitting on their balance sheets for far less than market value, allowing the new owners to decrease rents but maintain strong cashflow;- Investors continue buying very cheap REO properties, and are willing to rent them below market just to make their mortgage payments while waiting for the market to turn around.There will be less demand for higher-end rentals, as those renters will (continue to) flock to the foreclosure discounts.The winners will be those who buy property during the depression, rent it well below market but maintain cash flow, and then find huge equity when the economy rebounds...that's my plan at least

If she sells, she won't have the foreclosure on her credit and will be able to rebound much faster.

If you feel like after the rebound your home would appericate greater than another home in your area.

Because of the number of investors who are purchasing REOs and renting them out while they wait for a rebound rents have been dropping.

what neighborhoods are you looking in, or seeing a rebounding in already??

Hopefully it rebounds as quickly as it was shot down.

And since they are low they were not able to go down much in the past couple of years and will rebound nicely as things begin to stabilize.

However, I think Detroit is primed for a tremendous rebound.