Quote from S2007S:
30-50% in some of the most hottest markets over the last 4-6 years.
Most markets in the short term are ready for another 10% drop in prices and most likey another 20% in the next 2-3 years.
Dont listen to the fools who tell you the bottom is in, its not in and wont be for quite sometime. I would wait until 1-2 homebuilders go bankrupt over the next 1-2 years at that time 12-18 months later will probably mark a bottom in real estate. Could easily go on for 4-5 years as well. Look back in the late 80's and early 90's.
agreed.