Looking over her predictions of 2007, Madam Hook notes:”I see young people in houses,” mused the Madam, explaining that the once red-hot housing market would stay cool, with median home prices remaining stable for the first time in years, and making it a good time for first-time homeownership.Did she say the market will “stay cool”?  It actually seems downright frosty these days, what with a nearly nine-month supply of houses for sale and average days on the market lingering at over 90 days.  Still, who are we to argue with a psychic?

Read More