This may be the wrong forum for this thread, but it didn't really seem to fit in the Watercooler. Interesting language from the Fed on the economy. http://www.msnbc.com/news/998401.asp I'm sure there are more in depth articles in WSJ and NYT, probably will show up Friday. Anyway, it seems to me like the one thing that could really hurt residential appraisers right now is if the economy improves, but not enough to spur a lot of new housing construction, while at the same time, interest rates climb and the re-fi market goes south. This is not a prediction, I don't have a better crystal ball than anyone else, but better get ready, just in case.