Here's how this NY-er waiting for the right 2/2 in CV knows it's not yet the bottom — when a bank-owned listing can still blast a -15% cannonball onto the MLS!:
Location Price Days
12588 Carmel Creek Rd #27 $350,000 to $409,876 35
12570 Carmel Creek Rd #73 $379,000 110
12588 Carmel Creek Rd #28 $380,000 to $399,900 35
12570 Carmel Creek Rd #82 $325,000 1
At this rate in 2008 I'll be looking at houses instead!