well, prices have started to stabilize. I just don’t see the downward price movement that I saw in the latter half of 2007. I’m the first to cheer falling prices but I am not blind, been watching the listings in the OC market, since Dec 2007 prices have flatlined and several properties have mysteriously disappeared off the listings. I don’t know the reasons for this but I am thinking we may be in a mini rally phase.
