Yea, its crazy how the market has gone, especially on the low end. Salaries have been drastically cut for lots of people, but in the last 2 years little movement on the low end for pricing, and even new builds aren't discounted much in price.Originally posted by revelations
Smart money is here right now due to the bust - whether that's rich orientals or other folks looking to snap up decent homes - that's one reason why house prices haven't fallen very much. Mortgage defaults are also not super high either right now.