Optimism in the industry — will the market rebound?

There’s been a couple headlines floating around out there in the news world regarding optimistic forecasts for the housing market. At least I thought there were. In fact, I KNOW there were!

But where are those exclamations of optimism now? Buried by more pessimism, that’s where.

Here’s something nice though:
http://afp.google.com/article/ALeqM5gfKTb-Wvlh-NfkXmDN8WFx7-ohFg

Then there’s this: An article that’s at least focusing on when and if the market turns around, without so much focus on the bad stuff.

Meanwhile, there’s still plenty of bad in the news.

A well known economist predicts housing prices will drop by more than they did in the Great Depression!

But wait. Couldn’t this all be part of an elaborate hoax? Right along with Bush’s little gift to the taxpayers, the so called “stimulus package,” all this negativity could be crafted meticulously to make us go out and buy more, spur the economy, and get our country back on track.

I guess the relationship between being bombarded with bad news, and the desire to go spend money, is something psychologists should be examining, not economists.