Real Estate Agents are always saying it's a great time to buy. It's how they earn a living.
Peter was just presenting some market statistics which is very useful.
I read in Businessweek that for the real estate prices to be in-line with the normal appreciation trend for the past 50 years and to be in the same ratio with rent, it still has at least 20% more to drop. - Sat Feb 9 2008, 06:12
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.