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Seeing as you have had that name (EOTWAWKI = End of the World As We Know It) since 2005 I take it you must have thought it was all over then as well. How wrong you were. Don't think you are totally insulated up there in the hinterland EOTWAWKI. You will be more affected by rising fuel...

Has ANYONE worked it out yet? Maybe it just is. It happens until it doesnt, and then it does again later. Some lose their nerve and sell too early, some um and are too much and pay premium at the top and some don't buy at all. This is why we have renters, wannabees and LL's Dave

So if there are buyers who cant afford $500k and buyers who can afford $700k, why could not one of those buyers decide to buy the $500k house and lower his/her expectations or put renters in it? Dave