FYI- rather opinionated’s prize listing at Yokohama Ct. was marked down $20,000. Over 60 days have passed without anyone grabbing that incredible bargain. I guess we’re all idiots for passing it up.

back on topic. . . the bottom will not be near until the number of foreclosures drops dramatically and bank “non-performing assets” start falling. There will be no bottom until “must sell” inventory is too small to have a real impact on prices.