PB has held up well. I sold in 10/05 and was hoping prices would come down faster than they have. I think what may really accelerate the decline here will be the option arm resets. Late last year I decided to practice my title researching at the county recorders office. I picked 3 neighbors to practice on. All 3 had option arms with a 1% teaser and reset in 09 or 10. It really surprised me. These are people that bought many years ago and couldn’t resist the temp. to take money out. These are people I’m pretty sure can’t qualify at a int. only or fully amortized rate.