“My realtor – a reasonable person – thinks by summer prices stabilize.”

I would only agree with this if they stabilize 35-40% lower than they are now. Affordability in an era without ludicrous financing keeps rearing its ugly head. There simply is no way prices are going to fall this quickly.

By the way, this is the best thread this forum has had for about a month now. Nice to see discussions like this again.

OT: Did you guys know that if you use Mozilla Firefox as your browser it gives you a spell-check on this forum? Awesome!