Guys relax, the escalade-driving soccer moms have moved on from their christmas-shopping frenzy highs in december onto their get-rich through real estate by brow-beating their husbands-to-death buying dreams. Same thing happens every year. Last year the Pigs reported almost mob scenes at open houses/new home communities throughout February (go look through the threads if you don’t remember), followed by the spring thud. I personally won’t attend an open house or even pick up a flyer until prices approach sane levels again, it just adds to the mob mentality which is now shifting to picking up cheap foreclosures before the big turnaround. I’m not going to worry about missing the bottom until NODs/NOTS start to drop off which I don’t expect for at least 3-5 years at the earliest.
