brooke that is a good point. I do not quite agree with your characterization that the recent slowdown is relatively mild. I can point to a few zip codes that have already depreciated to 2004 pricing levels if you like. These are not stories they are facts.

At any rate all one with access to the MLS needs to do is simply pull up Lee Sterlings listings and compare his sales to expireds/cancelleds/withdrawns for 2005 verses 2006. In fact if this is done for ANY Realtor it will be evident that most all of us have many more expireds, cancelled, and withdrawns this year then in the past 10 years.