[img_assist|nid=4757|title=August 2007 Closed Sales|desc=This doesn’t look as bad to me as I expected. With apologies to Artifact, I’ve tried my hand at graphing these data out. I know this is a dangerous forum to ask this, and I certainly WANT house prices to dramatically drop for my family’s sake, but is anybody else concerned that it doesn’t look worse? Through August, it looks like total closed sales are down 11%… or, looking at it another way, sales are still at almost 90% of last year’s, even in this “terrible market!” What’s the missing piece here? I want to believe….|link=node|align=left|width=466|height=297]