Bad numbers! Not unexpected though. As far as housing bottoming out, its crazy around here. There is still a good bit of new housing being built, both houses and apartments. At the same time, houses are still being foreclosed on at high rates and those already foreclosed on have their prices dropping lower and lower. Our son bought a foreclosed home last month for less than half of the appraised price. And right now we know of a foreclosed home that someone we know lost and the lender has now lowered the price another $10,000. Its selling for roughly 1/3 of the appraisal - but its been sitting on the market for a number of months now. Why on earth would people buy new homes when they can get existing homes much, much cheaper?
If we aren't showing a little love, His love, then what are we doing calling ourselves Christians?
Psalm 73: 25 Whom have I in heaven but you?
And earth has nothing I desire besides you.
26 My flesh and my heart may fail, but God is the strength of my heart
and my portion forever.