Come to Vegas. We’re at 2000 levels, which was affordable then, and is a downright steal now.
Will it go down further here? It could, but there are tentative signs we’re bouncing along the bottom in Las Vegas.
I’m guessing Schiff is talking about the national average when he says we have 20% to go. This may be, but I suspect in the hardest hit markets much of the damage has already been done.
It's actually worse, at least in this area (North West) See my #11