NYC PRICES TO FALL BY ANOTHER 20% by June 2011 - BUYERS BEWARE!

Already posted.

brownie, it was posted already. i'd allow myself a change in your text:

"To my earlier point about buying now makes absolutely no sense (unless you are willing to walk away and live there rent free during the FC process)."

Oops - I see that now. Switching the other post.

Thanks for the posting. So many articles out there, you just never know who to believe. In reality, unemployment is increasing, credit is tight, and a huge number of inventory on the market will only translate into a continued price decline.

Gotta love how the article cites Mark Zandi as a source. Do 2 minutes of research on him on Google, and you will see that he has called bottom as often as I change my socks. The guy has no clue what he is talking about. He even supported John McCain! Need I say more?