At this time of year, it seems everyone is making their predictions for 2010. Why should I be any different. But my predicitions come with some advice. So here goes.

First, the housing market will slowly recover, but it won’t feel like a recovery. It will be like suffering from a fever of 102 degrees and now it’s only 100 degrees. You feel a little better, but still feel poorly. Unfortunately, there is a lot of housing inventory still out there to be absorbed. That is going to take a while. (more…)