PermaBears from the IHB: Where is the 40% drop?

HOMEOWNER SIMPSON said:
Price drops will happen soon... Can't wait  :-*


Maybe - nothing significant though. Even in the 2006-08 price drops, it took a long time for pricing to fall as many homeowners tried to hold out for a good offer. I worked with a guy who was trying to sell an Orlando home for more than he paid for it after the market had dropped 33%. He never dropped his price and eventually rented out the home instead.
 
HOMEOWNER SIMPSON said:
I'm dead serious!  I just bought a home, I can't wait for the value to go down on my home!  :p

It's all part of your evil plan!!!!  You and Baby Irvine in cohoots!  Move to John's Creek now!
 
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