We have lots of areas around here that are already hard hit with foreclosures and have seen pretty significant price drops.

When I get up to 10 properties or so I might drop it to two months.

I am going to try and drop him an e-mail and various other resources to find him and let you guys know.

The normal rate of $350 drops to $325 or $300 if any reference of a competing appraiser will do it for that amount.

Mortgage rates have been dropping and it looks like they will continue to fall.

It would appear housing prices shifted from being relatively elastic (as prices go up, demand drops) to relatively inelastic (buyers will buy regardless of the price.)

Today they released the data for the month of Dec. 2007 and, on a national level for th 4th quarter of 2007.National index 3rd quater 2007 = 180.31National index 4th quarter 2007= 170.64 Point difference = 9.67Percentage drop over 4th qt = 9.67/180.31 = 0.0536 or 5.36%Another way of saying that is: On a national level, home values for the forth quater of 2007 fell at an anualize rate of 21.45%.

said my property dropped 56,000 in a month.

Ultimately I dropped the price down to break even level and sold to an investor.

You can defer all of your income tax liabilities through out your lifetime by continuing to 1031 exchange (its what we call swap until you drop) and then your heirs receive a step-up in basis upon your death.