I agree with the 16% for the county next year maybe a little higher or a very little lower.
I think in 2009 the market will still be slow but volume will be higher than compared to this summer/fall by the same period of that year. Much of the fluke appreciation will have been shaken out. The areas that are affected last will be normalizing relative to location and ammenities of the surrounding areas taking the market down another 5-10%. The whole market stays relatively weak and there are perhaps still more declines for at least several years from there on out, probably not much.
