Report: Housing recovery possible in 2010 - What do you think?

I was reading the following story I came across:

By Inman News, Monday, October 6, 2008

Until the excess inventory of 950,000 single-family homes and condos sitting vacant in the United States has been depleted, no significant housing upturn is likely until 2010 at the earliest, according to a housing market analysis. In its latest issue of Research Notes, the National Multi Housing Council estimated there are approximately 825,000 excess vacant single-family homes and 125,000 excess vacant condos beyond normal vacancy levels in the United States. Add to that some 2 million in excess houses and condos that are occupied and on the market, and the housing market faces incredibly rough times over at least the next 14 months. To put these figures in perspective, the current excess inventory of 825,000 single-family homes is actually greater than an average year of production in the 1990s, which was 725,000 units per year. The excess inventory will continue to push prices lower, according to NMHC.

The question I have is: What do you think is the outlook within Calhoun County? Do you think the worse is over and things are getting better or will the seller market get worse?

I would be intrested in hearing comments.

I thought that a good version of Sweet Home Alabama would be good way to start off the weekend. Like I said, this is mainly Real Estate driven, but from time to time, you can add anything Alabama related that one would like.

Links to Calhoun County

I have compiled a list of site that would help someone that is relocationg to the calhoun county area. It consist of City, Education and Recreation links. I hope it helps.

Official City Websites

City of Anniston
City of Oxford
City of Jacksonville
City of Piedmont
City of Weaver

Calhoun County Government Sites

Calhoun County: Very Helpful Site. You can access Tax Records for most properties.
Calhoun County Sheriff
Education Websites
Jacksonville State University
Gadsden State Community College (Ayers Campus)
Anniston City School System
Calhoun County Board of Educationconsists of the following schools: Alexandria, DeArmanville, Ohatchee, Pleasant Valley, Saks, Weaver, and White Plains
The Donoho School
Faith Christian School
Jacksonville City School System
Oxford City School System
Piedmont City School System
Sacred Heart of Jesus Catholic School

Recreational Sites

Silver Lakes Golf Course
Anniston Museum of Natural History
Janney Furnace Memorial Park
The Chief Ladiga Trail - A Rails-to-Trails Project
Calhoun County Sports Hall of Fame

Local Agencies

Calhoun County Chamber of Commerce
Anniston Water Works and Sewer Board
Calhoun County 911
Alabama Cooperative Extension Service, Calhoun County Office
Joint Powers Authority (JPA) at McClellan
Public Library of Anniston and Calhoun County
Calhoun County Retired & Senior Volunteer Program (RSVP)