Nothing moves without a better deal, housing, auto, retail is no exception, not many can shop like they were during the easy money housing boom years. Bernanke announce QE2 and soon Europe is on the ropes again, he knows something.
Don't count on it. No jobs, no home equity loans, 12-25% credit card interest rates,...where is the money for a large improvement? Black Friday sales up just 0.3%, bad sign, but really, should be expected.