Another point here.....
This DROP in activity here IS, iin all likelihood, a SIGN of a REAL....LONG TERM....Bottom being put in.
This complete abandonment of real estate by the HERD is a CLASSIC bottom indicator.
the "CATTLE" always buy their homes, stock, and NOW even their GUNS at the very PEAK of hysteria!!! Remember the AMMO shortages last year and the price gouging for the Coming COLLAPSE???
THAT entire survivalist GARBAGE was the CATTLE running in a HERD again!!!
Could real estate prices continue lower????....ABSOLUTELY.
BUT....MY MONEY says it will be extremely hard to get hurt buying property at 50% below The cost of just the LUMBER in that building.
Yeah i remember that... .223 was a dollar each!!!