Peter Schiff vs a Real Estate agent with Caldwell Banker on Fox News stand off about this years housing market. While it is a good time to buy I agree with Peter Schiff. The market is simply overbuilt and new house construction will continue to decline over coming months and years.

Housing is still a bit over priced and will continue to adjust down. The fact that it is a buyers market does not mean that housing in 2008 will rebound. The ripple effect in the market stretches to far. What's your opinion.
Sean McAlister