My 2 Cents on the 20 percent

[DaisyDuke]

My 2 Cents on the 20 percent . . .

I recently read a great article about the last housing downturn and how long it took for prices to drop. In the last downturn it was 18 months. The article was basically a news article time capsule. It reported that Bel Air dropped 40 to 50% in 18 months.

IMHO, with widespread information (the internet!) it may drop faster than 18 months.

But we shall see.

DD