Consumer will not pick an agent based on who mailed the best pie recipe post card.  They are looking for one that can provide facts.

How do you answer the question:  Why should I buy now if prices are still going down?

Because of the changing market, you may not financially qualify tomorrow for what you financially qualify for today. 

The government is getting involved in the economy by lowering credit card and short term loans.  The impact of this action the interest rates will raise. 

            Price Today $150,000 @ 6% = $899.53 per month
               Price Later   $138,000 @ 7% = $918.12 per month

 MI 2008 Projected Foreclosures 28,239.
         MI homes affected by the 28,239 is 1,442,570.

The 2008 waive of foreclosures is not because of loans, it's because the values are declining so people just walk away.  The people that are walking away don't realize the market will come back and real estate is a cycle.