Click on the title or cut and paste from below. Southern CA, SW FL, AZ will see even greater drops. Gee, if only someone had shared this with readers of this and clients as far back as 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, etc
RESIDENTIAL REAL ESTATE VALUES IN THE US WILL NOT BOTTOM UNTIL AT LEAST THE LATTER PART OF 2014
THEY WILL APPROXIMATE VALUATIONS FOR SIMILAR PROPERTIES FROM APPROXIMATELY 1996
WE HAVE ONLY SEEN APPROX 50% OF THE PRICING CORRECTION AND APPROX 30% OF THE DURATION
ONCE WE DO REACH A BOTTOM WE WILL SEE DECADES OF LITTLE OR VERY MODEST APPRECIATION.
GO BACK THROUGH, READ AND ACTUALLY THINK SO YOU UNDERSTAND NOT ONLY HOW, BUT WHY THAT WILL HAPPEN.
http://finance.yahoo.com/news/Homes-About-to-get-much-cnnm-699910894.html?x=0
PS continue to PRAY that the above is accurate as alternatives are ALL far more painful
