It was nearly a year ago when the stock market almost crashed.  For many, this was a devastating a day and signs of an unfortunate future.  However, things seemed to bounce back.  And, although it was not perfect, the stock market was back on its feet and today it is still rising.

This is a great thing for our nation’s economy.

Obviously, it is one thing that we have to be confident about.  There are businesses that are merging and life on Wall Street is good.

However, the buzz is not the same when it comes to the housing industry.

• Mortgage rates are still falling.
• Additionally, many more foreclosed homes are popping up on the market.

While this may be good for a buyer interested in purchasing a new home, it is not good news for the value of homes in today’s housing market.

Many people who have purchased homes will not see the value of their homes in the market for a while due to the drop in the market.

Many people wonder how long the lull in the housing industry will continue. The hope is that at some point it will bounce back like things on Wall Street.

However, time will tell.  And, it may be a longer process for the housing industry.