too bad this guy will get less and less for each day he postpones his sale. While he waits it out, the motivated and NOD sellers all around him are going to drag the value of his house down even further.
Anybody with half a brain is going to sell before the new regulations take effect for the state regulated lenders. By next year, our gradual 1% price drop could be a sudden 30% drop. What will happen when the subprime market is almost eliminated?
