Housing Turnaround

House for sale, Newton MA.

They raised the price a few days ago from $569,000 to $575,000. Clearly, the price was too low for this 3 bed 1 bath 1120 square foot pink ranch charmer, especially in light of the President's new housing plan:

The housing plan unveiled by President Obama on Wednesday goes further than any previous effort to break the vicious cycle of declining home values, rising mortgage defaults and frozen credit that triggered the country's worst recession since the 1930s.
Seems to be working already! If we all pitch in, we can pump up that bubble just a little bit more.

Imagine what that house would be worth if the garage were big enough to hold a car!

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