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Prices can almost always continue to decline there is no doubt about that. I just think some places, detroit for instance, where you are as close to a bottom as you can be. When you can buy a house for 10k the bottom isn't that far off unless people will get paid to actaully take a home.

<a href="http://www.msnbc.msn.com/id/32937854/ns/business-mortgage_mess/">Tapped FHA means only 45,000 will receive aid instead of planned 850,000 </a> Nothing like falling a little short!

<a href="http://thomas.loc.gov/cgi-bin/bdquery/z?d111:HR2529:/">H.R.2529 To amend the Federal Deposit Insurance Act to authorize depository institutions and depository institution holding companies to lease foreclosed property held by such institutions and companies for up to 5 years, and for...

<blockquote>Noticeably absent: acknowledgement of the strength of closed sales - the only thing that tells the truth. </blockquote> What? Ok I acknowledge that the sales closed. I don't know that is a strength but if you insist. How are closed sales teh onlyt thing that...

You asked me if I really, realy wanted you to post real sales data. I answered that I would and this is how you answer. You can't even follow through with your threat to provide real sales data.

<blockquote>Your theory would hold more water if places like Irvine didn?t have stable prices despite continuing foreclosures. </blockquote> That is your entire response? It is not my theory this came from "Lender Processing Services, Inc. (LPS) is a leading provider of integrated...

<blockquote>Can you be more dishonest? Don?t make me compile your posting history. </blockquote> I really doubt that you will compile my posting history because that would take research. If you did compile my positing history I think you would have a very difficult time proving I am a...

Links Regarding Shadow inventory: <a href="http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/04/08/MNL516UG90.DTL&type=business&tsp=1">Banks aren't reselling many foreclosed homes</a> <strong>Lenders nationwide are sitting on hundreds of thousands of foreclosed homes that they have...