Along with Jim Cramer from Mad Money, I am personally calling a bottom on the real estate market for summer 2009.

Today’s Fed move basically is giving everyone a ~4% 30 yr fixed mortgage. Mortgage is either less or equal to rent in a lot of the markets.

Additionally, people will be refinancing, stimulating end consumer spending, driving overall economy. Confidence will increase. Home prices will stabilize/increase.

Yup, I’m using this blog to make a bottom call on real estate, and proclaiming it as the ultimate deal of the year.