When Will U.S. Home Prices Finally Stop Falling And Begin To Rise?

[dmallind]

7. Strange then that I qualified for an additional mortgage this year with LT 1/3 a 1% income

Additional as in buying a separate house before my last one sold (which it did), not as in a second mortgage. The banks fell over themselves to give me money at a fixed and ridiculously low interest rate. How did I achieve this? By being in a Masonic lodge with the president of a small local bank? By having Romneyan wealth and collateral? No. By paying my bills so I maintain a high credit rating, and by not buying houses well out of my price range on silly adjustable/interest only/balloon rip-off mortgages.

EDIT: To address the OP. Couple years or so is a good guess, and slowly at first; but wouldn't be surprised to see another bubble in the late teens as increasing population meets years of slow construction.