[quote=FormerSanDiegan]It seems that everyone knows that home prices will decline over the next 6-12 months. That’s been published in every newspaper and financial magazine I can find over the past few months.

At what point will these future price expectation be baked into the market ? September, December, January 2011 ?[/quote]
Not sure, but depending on the specific situation, I think it is not too early to start low balling.