Example of Down Market

Apt_Boy- Stop showing the bulls the facts. They can't handle the truth. I actually may have to change my predictions. I thought that the downturn would take about a year to be in full swing. I have to say I have been watching the market very carefully and have seen tons of decreases of 7-10% already. And when you point this out to some people they just say it was over priced from the beginning or it still went up 15% compared to last year. They are just fooling themselves guessing that 95% of the bulls are either people who bought at the height or are Realtors who think that positive thinking can save the market. What's really sad is that people will still buy now because some idiot convinced them the market as bottomed. Things are deteriorating a lot faster than I thought. By the end of the year Manhattan and "it" areas like LIC, Park Slope, Williamsburg, Cobble Hill, Downtown BKLYN and others will see at least 20-30% reductions