As we have seen throughout the entire country, and in some communities much more than others, the shift in the economy and the impact of over-valued mortgage backed securities and the ensuing discovery that much of what was being sold (to the very investors buying these securities) was "pie in the sky," it all came together to put a stop to the easy flow of money to folk that by all measure did not qualify for the prices at that time. The only way that house were fetching such high prices was because buyers bought with zero down payment, 100 percent financing and, everyone was happy -- seller, buyer, banker, agents, the secondary market, etc. However, when the bubble burst and the spigot of easy money dried up, few buyers had the wherewithal or means to pay the high price for these same houses. Even if supply is abundant, if over encumbered, there has to be a ready, willing and able buyer to buy. Without that no seller can hope to achieve a sale the likes of we say in the recent housing phenomena.