That’s where the “at least” comes in – after hearing David Lereah on KNX 1070 yesterday finally admit THE OC has another 15-20% drop still in it I’m going with 70-80% lol. All kidding aside the motnhly sales are so meager – I’m talking twos and threes in some cities that it is going to get real ugly real soon. With today’s market take on no interest rate decline it will only hasten the demise of many speculators and those who over stepped their finance abilities. A guy I know told me a few days ago that he lost his A$$ trying to flip some houses. He’s dumping and so are others right behind him.