Also, property taxes have plummeted also giving many borrowers some wiggle room on their monthly payments.If interest rates spike up and stay up for an extended period of time, eventually payments may become difficult for many borrowers with the option ARM loan.

I want to build up a capital by then and buy a bunch of buy-and-hold properties, when the prices plummet after the crash. 

While the people that were relying on appreciation, started to eat chalk, as properties became vacant, and the property values plummeted.  

If you think a recession is going to hit and you think values will plummet you should sell now and get out.

A lot of realtors are still in denial about plummeting home values.

I don't think prices will plummet any time soon but I do think they will taper off which is why I chose 6% appreciation, which may be high.  

CNN's current headline reads "Jobless rate plummets" and they are quick to point out "...employers added 120,000 jobs in November."

At worst, they're going to plummet down to the inflation line.

What if they build a low income housing complex down the street and your value plummets ?

Days on market are plummeting significantly in this area as investors scoop up properties.This property used to be a 1920's 3/1 that had a huge addition put on to it to make it a 6/3 with 2,700 sqft which is unique for the area.