Hi bigmoneysalsa, what you said makes lots of sense to me. But many of us in the forum have been watching the NOD/Forecloure trend and discussing the ARM reset effects, isn’t the number of sold houses in 04/05 quite meaningful to the number of ARM resetting in this year and the coming years and possiblily future NODs? Won’t the reset and NODs speed up or even cause the price decline?
