[Chicoleet]

You are actually wrong about the housing market being good when the stock market is up. The two of them actually fluctuate up and down opposite to each other. The key is that people put their money in markets that are doing well in order to make more money. when the stock market is up, the housing market is usually down because the majority of the poeple investing moved their money to the stock in order to gain a bigger return. And this happens in the opposite manner too. Today the stock market is down and the majority of investers are buying houses in droves. the only factor that is different in our situation now is that their is such a flood of houses on the market due to the extensive foreclosures that happened.

Hope this helped and i dont know why i felt the need to explain it. oh well