How big will the nest Real Estate downturn be 10%-55%?

[AL DURAN]

The last downturn here in SoCal was about 55%, yep people lost 55% of their value in their Real Estate holdings.

A $500k home went down to $250k or less on the average.

Now is your time to contribute your opinion, we are closer to the top than the bottom, when a correction occures will it be : 5%,10%, 20%, 30%, 40% , 50%, 60% or more?

Most importantly, how much of a downturn can you handle and for how long? 

Are you liquid enough to handle it? 

[Todd Dexheimer]

 First off I will start by saying I do not think we are all going to be crashing anytime soon. 

Next is you're talking about California which traditionally has larger ups and downs so that market will potentially see a larger downturn.  I think overall nationwide out next downturn will be more of a minor downturn in the 10-20% range