Bugs to back up your point there was pretty brisk activity on open houses this weekend. My sister in law also works for Coldwell Banker and she said her open houses were very well attended. Looks like a slow slow ride down.
Ray B I think that the run on rentals will not happen until they pencil out. In order for that to happen pricing has to go down or rental rates still need to climb significantly. I will say though, when that does happen I believe you will see investors come back.