08-17-2006, 02:10 AM
Back to the original topic, I think these speculators have pretty much tapped the well dry. Anybody trying to make a quick turnaround today will be left holding the bag. Some are predicting property value declines of up to 50%. I know our real estate friends on this forum will vehemently deny this is going to happen but it seems to have already started. Last year they were saying prices would never decline.