Homes purchased from December 2004 to January 2006 continue to drop in market value. - 1% per month is the average drop in market value. Great time to buy as you can roll back the clock to early 2004. -- great upside opportunity as the market corrects upward sometime in 2009 or 2010. If you don't have to sell or you don't have a place to make 20% or more from your investment -- don't sell! -- remember - for 50 years the average appreciation of real estate in the USA is 6.8% per year.

This is just another piece of a seven year cycle. -- And remember - interest rates are still at near the lowest rates in the last 25 years also! 

 Invest in real estate and build a fortune! And help your neighbor -- give it out in slices - get it back in Loaves. (Irish proverb)