That’s funny. I thought it was a good article with an accurate assessment of the market. I was able to block out the cheerleaders and got the real message. In some markets foreclosures are dominating the market and they are driving prices down quickly. In markets without foreclosures, prices are holding up better so far.
I thought it was a good clear message to the layperson. When the number of foreclosures skyrockets on your street get ready for prices to plummet.