To buy or not to buy: That is the argument
"This area will be very interesting to watch because there's very solid economic growth, but people aren't buying homes," said Lawrence Yun, the economist. He added: "Ten years from now, people will look back at 2008 and say, 'Wow, that was a great time to become a homeowner.'"
I ran that past Baltimore economist Anirban Basu, who said he's sticking to the forecast he gave the Home Builders Association of Maryland: No bottom until next year.
"This year I expect to be the year of the falling prices," Basu said.
Check out the story for news about a media campaign that the Greater Baltimore Board of Realtors and other local Realtor groups are planning.