[quote=HLS]Closings should hold up for 30-45 days then fall off a cliff. New signed contracts should fall off a cliff starting today, The housing market has been on life support.
One of the IV’s just got pulled out. (It may need to get re-inserted) This can easily take a decade.
Many consumers are debt induced junkies who will now have to look elsewhere to get their fix.[/quote]

This is what my guess is too – and I am sure now onwards the price sharp drop supposed to occur and the first two threads answer to my thread was indicating the price drop you can only see after September….. I am doubt about it and the price drop should supposed to start soon.