See my Nov 25, 2011 post about an appraisal which said "This market has effectively collapsed over the previous 12 to 18 months, as investors have fled the market.

When I bought the duplex the market had not collapsed yet and housing was selling higher than it was worth.

If a bubble does form and subsequently collapse I would bet that it will be the new investors and homeowners that get hurt and not the hedge funds.

No data to back that up, but much like stocks, I believe the harder a price has been beat down, the better chance it has for a rebound barring some sort of fundamental collapse.

We didn’t proceed with that project due to the time of the real estate market collapse.

That will pay for medical, plus a nice amount for spending money while I build up my business.My goal is to forget SS and assume it is just a government ponzie scheme (which it is) that will collapse before I get my investment out.

Built a stone house on a straw foundation and it collapsed.  

In reality Detroit had cars, Pittsburgh had steel, Buffalo and Rochester had rail and manufacturing and all of these cities saw their collapse.

Scary article, but good info to know. http://www.businessinsider.com/15-signs-that-the-us-housing-market-is-headed-for-complete-and-total-collapse-2010-8

Since your post in March, our property values are still increasing despite the oil price collapse.